13310 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
Investment property for sale in Owenton at 13310 Georgetown Rd, Owenton, KY, 40359 uses $104,423 cash to close to unlock $1,411/yr annual cash flow and $118/mo monthly cash flow. Total monthly income runs $2,035/mo, and a $1,542/mo payment keeps the spread at $118/mo. Purchase price stands at $315,000, and rental yield measures 7.75% with $2,035/mo rent. Return on cash invested shows 21.26% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 109.96% and total cumulative return in cash records $114,821. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,035/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Manufactured
Built in 2022
17.70 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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