119 Bill Perkins 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
Investment property for sale in Georgetown at 119 Bill Perkins Ln, Georgetown, KY, 40324 uses $110,688 cash to close to unlock $6,817/yr annual cash flow and $568/mo monthly cash flow. Total monthly income runs $2,600/mo, and a $1,634/mo payment keeps the spread at $568/mo. Purchase price stands at $333,900, and rental yield measures 9.34% with $2,600/mo rent. Return on cash invested shows 26.07% in year one, and 5% annual appreciation builds toward $92,250 over five years. Five-year ROI reaches 135.78% and total cumulative return in cash records $150,287. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,600/mo property income covering a $1,634/mo payment rather than investor’s personal income.
Single Family
Built in 2024
7,200 sqft 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: Sheridan A Sims • Keller Williams Commonwealth
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #23015824
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.