13040 Georgetown RdOwentonKY40359
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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 Owenton at 13040 Georgetown Rd, Owenton, KY, 40359 generates $690/mo in rent, after a $1,806/mo payment. Total monthly income is $690/mo. Return on cash invested sits at 4.65% in year one, and rental yield is 2.24% on a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 20.89% and total cumulative return in cash sums $25,551. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $690/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40359, Owenton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,546 (100%) |
| Owner Occupied HU | 2,187 (61.7%) |
| Renter Occupied HU | 662 (18.7%) |
| Vacant Housing Units | 697 (19.7%) |
| Median Home Value | $201,947 |
| Average Home Value | $228,341 |
Housing Distribution
Address Breakdown
Residential
2,935
Single Family
2,935
Multi-Family
0
Businesses
204
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