11112 Ornate PlLouisvilleKY40229
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
Rental property for sale in Louisville at 11112 Ornate Pl, Louisville, KY, 40229 generates $2,730/mo in rent and, after a $1,904/mo payment, leaves $362/mo in cash flow. Total monthly income is $2,730/mo, and annual cash flow is $4,350/yr on $128,947 invested. Return on cash invested sits at 23.28% in year one, and rental yield is 8.42% on a $388,979 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation builds toward $107,468 over five years. Five-year ROI reaches 120.81% and total cumulative return in cash sums $155,784. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,730/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40229, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,375 (100%) |
| Owner Occupied HU | 11,761 (71.8%) |
| Renter Occupied HU | 3,876 (23.7%) |
| Vacant Housing Units | 738 ( 4.5%) |
| Median Home Value | $229,194 |
| Average Home Value | $262,554 |
Housing Distribution
Address Breakdown
Residential
16,506
Single Family
15,554
Multi-Family
952
Businesses
430
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Listed by: N/A • Fischer Homes
Mls Name: Fischer Homes
Mls ID: #N/A