127 N Court StGeorgetownKY40324
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 127 N Court St, Georgetown, KY, 40324 in Georgetown the bet is firmly on appreciation. Rental yield 1.32%. The 1.32% gross yield on a $1,200,000 price is below income-first thresholds, but 5%/yr value growth projects $331,538 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.24) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $69,437.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.3% | 6.1% |
| Monthly Cash Flow | $(5,983) | $420 |
City averages based on Georgetown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,320 |
| Total Monthly Debt Service | $6,826 |
| DSCR Ratio | 0.19x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Apartment
Built in N/A
9,583 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Apartment
Built in N/A
9,583 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Svec • Building The Bluegrass Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25017045
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.