121 Marjorie PlGeorgetownKY40324
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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 121 Marjorie Pl, Georgetown, KY, 40324 offers $2,086/mo rent that, after a $1,363/mo payment, leaves $391/mo cash flow. Total monthly income is $2,086/mo, and annual cash flow is $4,693/yr on $92,323 cash. Return on cash invested measures 24.99% in year one, and rental yield stands at 8.99% at a $278,500 entry. Equity gained on principal adds $1,797/yr while 5% annual appreciation compounds into $76,944 by year five. Five-year ROI records 130.02% and total cumulative return in cash reaches $120,042. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,086/mo property income versus a $1,363/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
5,497 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: Nicole Carlton • Heart of KY Real Estate
Mls Name: Imagine MLS
Mls ID: #25506033