280 Harbor Village DrGeorgetownKY40324
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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 280 Harbor Village Dr, Georgetown, KY, 40324 generates $3,265/mo in rent, after a $3,179/mo payment. Total monthly income is $3,265/mo. Return on cash invested sits at 16.2% in year one, and rental yield is 6.03% on a $649,500 entry. Equity gained on principal adds $4,191/yr, while 5% annual appreciation builds toward $179,445 over five years. Five-year ROI reaches 82.79% and total cumulative return in cash sums $176,905. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,265/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.27 Acres 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: Tammy Hill • Keller Williams Legacy Group
Mls Name: Imagine MLS
Mls ID: #25011495