10803 Helmsdale LnDouglass HillsKY40243
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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 Douglass Hills at 10803 Helmsdale Ln, Douglass Hills, KY, 40243 generates $2,681/mo in rent and, after a $1,860/mo payment, leaves $368/mo in cash flow. Total monthly income is $2,681/mo, and annual cash flow is $4,418/yr on $125,970 invested. Return on cash invested sits at 23.42% in year one, and rental yield is 8.47% on a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 121.54% and total cumulative return in cash sums $153,109. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,681/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40243, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,312 (100%) |
| Owner Occupied HU | 3,776 (59.8%) |
| Renter Occupied HU | 1,979 (31.4%) |
| Vacant Housing Units | 557 ( 8.8%) |
| Median Home Value | $350,139 |
| Average Home Value | $364,129 |
Housing Distribution
Address Breakdown
Residential
6,074
Single Family
4,932
Multi-Family
1,142
Businesses
692
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Listed by: Cyndi J Riddle • Riddle Realty
Mls Name: GLARMLS
Mls ID: #1701687