8180 Georgetown RdOwentonKY40359
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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 Owenton at 8180 Georgetown Rd, Owenton, KY, 40359 uses $66,300 cash to close to unlock $1,352/yr annual cash flow and $113/mo monthly cash flow. Total monthly income runs $1,330/mo, and a $979/mo payment keeps the spread at $113/mo. Purchase price stands at $200,000, and rental yield measures 7.98% with $1,330/mo rent. Return on cash invested shows 21.95% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 113.68% and total cumulative return in cash records $75,368. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,330/mo property income covering a $979/mo payment rather than investor’s personal income.
Manufactured
Built in 1999
2.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40359, Owenton, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,546 (100%) |
| Owner Occupied HU | 2,187 (61.7%) |
| Renter Occupied HU | 662 (18.7%) |
| Vacant Housing Units | 697 (19.7%) |
| Median Home Value | $201,947 |
| Average Home Value | $228,341 |
Housing Distribution
Address Breakdown
Residential
2,935
Single Family
2,935
Multi-Family
0
Businesses
204
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