151 Serena WayGeorgetownKY40324
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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 151 Serena Way, Georgetown, KY, 40324 priced at $267,000 converts $2,143/mo rent into $514/mo cash flow after a $1,307/mo obligation. Total monthly income equals $2,143/mo, and annual cash flow totals $6,164/yr on $88,511 invested. Return on cash invested prints 26.87% in year one, and rental yield reads 9.63% against a $267,000 entry. Equity gained on principal adds $1,723/yr, while 5% annual appreciation compiles into $73,767 by year five. Five-year ROI reaches 140.09% and total cumulative return in cash sums $123,991. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,143/mo property income covering a $1,307/mo payment, not borrower’s personal income.
Single Family
Built in 2005
6,969 sqft lot
$N/A/sqft
$50 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: Joey Young • National Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25018599
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.