123 Hourglass 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 123 Hourglass Ln, Georgetown, KY, 40324 listed at $370,766 pairs $3,004/mo rent with a $1,815/mo payment to leave $726/mo cash flow. Total monthly income runs $3,004/mo, and annual cash flow reaches $8,716/yr on $122,909 cash to close. Return on cash invested measures 27% in year one, and rental yield registers 9.72% at a $370,766 basis. Equity gained on principal adds $2,392/yr, and annual property appreciation at 5% supports $102,436 by year five. Five-year ROI tracks 140.83% and total cumulative return in cash totals $173,094. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,004/mo property income relative to a $1,815/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
7,138 sqft lot
$N/A/sqft
$250 annually 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: Erin Lewis • Christie's International Real Estate Bluegrass
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24019457
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.