128 E Clinton StGeorgetownKY40324
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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 128 E Clinton St, Georgetown, KY, 40324 priced at $388,900 converts $2,044/mo rent into after a $1,903/mo obligation. Total monthly income equals $2,044/mo. Return on cash invested prints 16.91% in year one, and rental yield reads 6.31% against a $388,900 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation compiles into $107,446 by year five. Five-year ROI reaches 86.63% and total cumulative return in cash sums $111,683. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,044/mo property income covering a $1,903/mo payment, not borrower’s personal income.
Single Family
Built in 1889
N/A 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: N/A • N/A
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