505 N Hamilton StGeorgetownKY40324
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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 Georgetown at 505 N Hamilton St, Georgetown, KY, 40324 at $114,000 posts ROI 39.38% with $613/mo cash flow from $1,307/mo rent. Total monthly income equals $1,307/mo, and annual cash flow records $7,358/yr on $37,791 to close. Return on cash invested measures 39.38% and rental yield reads 13.76% at the current $114,000. Equity gained on principal adds $736/yr, and 5% annual appreciation supports $31,496 by year five. Five-year ROI prints 207.24% and total cumulative return in cash totals $78,319.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,307/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
4,356 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
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Listed by: Todd Hyatt • Lois Ann Disponett Real Est
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24018341
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.