306 N Water StGeorgetownKY40324
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 306 N Water St, Georgetown, KY, 40324 at $199,900 posts ROI 28.45% with $472/mo cash flow from $1,688/mo rent. Total monthly income equals $1,688/mo, and annual cash flow records $5,661/yr on $66,267 to close. Return on cash invested measures 28.45% and rental yield reads 10.13% at the current $199,900. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 by year five. Five-year ROI prints 148.53% and total cumulative return in cash totals $98,425.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,688/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
3,484 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: M Matthew Silcox • WEICHERT REALTORS - Ford Brothers
Mls Name: Imagine MLS
Mls ID: #25506564