154 Riviera DrGeorgetownKY40324
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
Investment Highlights
Investment property for sale in Georgetown at 154 Riviera Dr, Georgetown, KY, 40324 uses $112,677 cash to close to unlock $3,179/yr annual cash flow and $265/mo monthly cash flow. Total monthly income runs $2,534/mo, and a $1,664/mo payment keeps the spread at $265/mo. Purchase price stands at $339,900, and rental yield measures 8.95% with $2,534/mo rent. Return on cash invested shows 22.73% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 118.6% and total cumulative return in cash records $133,631. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,534/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Townhouse
Built in 2010
4,356 sqft lot
$N/A/sqft
$200 monthly 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: Joyce A Ward • Rector Hayden Realtors
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25016930
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.