10314 Colonel Hancock DrLouisvilleKY40291
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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 Louisville at 10314 Colonel Hancock Dr, Louisville, KY, 40291 earns $531/mo cash flow from $3,546/mo rent with a $2,398/mo payment. Total monthly income totals $3,546/mo, and annual cash flow totals $6,369/yr on $162,435 capital. ROI tracks 23.83% on current figures, and rental yield reads 8.68% at a $490,000 purchase. Equity gained on principal adds $3,162/yr, and 5% annual appreciation supports $135,378 over five years. Five-year ROI reaches 123.82% and total cumulative return in cash sums $201,132. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,546/mo property income instead of your personal income.
Single Family
Built in 1993
0.26 Acres lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40291, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,491 (100%) |
| Owner Occupied HU | 12,581 (71.9%) |
| Renter Occupied HU | 3,939 (22.5%) |
| Vacant Housing Units | 971 ( 5.6%) |
| Median Home Value | $291,535 |
| Average Home Value | $322,862 |
Housing Distribution
Address Breakdown
Residential
17,713
Single Family
16,933
Multi-Family
780
Businesses
639
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Listed by: Susie Basham • The Agency
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24025970
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.