117 Sun Drop LnGeorgetownKY40324
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Georgetown at 117 Sun Drop Ln, Georgetown, KY, 40324 priced at $389,900 converts $2,842/mo rent into $469/mo cash flow after a $1,908/mo obligation. Total monthly income equals $2,842/mo, and annual cash flow totals $5,632/yr on $129,252 invested. Return on cash invested prints 24.27% in year one, and rental yield reads 8.75% against a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation compiles into $107,722 by year five. Five-year ROI reaches 126.08% and total cumulative return in cash sums $162,961. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,842/mo property income covering a $1,908/mo payment, not borrower’s personal income.
Single Family
Built in 2020
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40324, Georgetown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,153 (100%) |
| Owner Occupied HU | 14,727 (66.5%) |
| Renter Occupied HU | 6,337 (28.6%) |
| Vacant Housing Units | 1,089 ( 4.9%) |
| Median Home Value | $284,871 |
| Average Home Value | $318,759 |
Housing Distribution
Address Breakdown
Residential
21,295
Single Family
19,656
Multi-Family
1,639
Businesses
1,306
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Listed by: Barbara A Farrell • Bluegrass Sotheby's International Realty
Mls Name: Imagine MLS
Mls ID: #25019074