121 Waterside 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
Rental property for sale in Georgetown at 121 Waterside Dr, Georgetown, KY, 40324 generates $3,202/mo in rent and, after a $2,447/mo payment, leaves $159/mo in cash flow. Total monthly income is $3,202/mo, and annual cash flow is $1,911/yr on $165,717 invested. Return on cash invested sits at 21.06% in year one, and rental yield is 7.69% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 108.9% and total cumulative return in cash sums $180,468. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,202/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
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: Lana S Pennington • Central Ky Real Estate
Mls Name: Imagine MLS
Mls ID: #25504940