119 Devin DrGeorgetownKY40324
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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 Devin Dr, Georgetown, KY, 40324 offers a 9.29% rental yield on a $279,900 purchase with $2,167/mo rent. Total monthly income registers $2,167/mo, and a $1,370/mo payment leaves $463/mo available for distribution. Annual cash flow reaches $5,561/yr on $92,787 to close, and return on cash invested stands at 25.9% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 134.88% and total cumulative return in cash at $125,149. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,167/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
7,840 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: Christy Wethington • Epique Realty - Georgetown
Mls Name: Imagine MLS
Mls ID: #25016954