118 Shannon LnGeorgetownKY40324
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Nearby investment properties with comparable prices
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
Investment property for sale in Georgetown at 118 Shannon Ln, Georgetown, KY, 40324 at $324,900 posts ROI 27.35% with $668/mo cash flow from $2,645/mo rent. Total monthly income equals $2,645/mo, and annual cash flow records $8,014/yr on $107,704 to close. Return on cash invested measures 27.35% and rental yield reads 9.77% at the current $324,900. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,764 by year five. Five-year ROI prints 142.61% and total cumulative return in cash totals $153,593.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,645/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
N/A 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: Lana S Pennington • Central Ky Real Estate
Mls Name: Imagine MLS
Mls ID: #25500140