1118 Lake Bluff CirLouisvilleKY40245
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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 1118 Lake Bluff Cir, Louisville, KY, 40245 with 5% annual appreciation on a $645,000 basis while $3,413/mo rent supports operations. 54% in year one. Equity gained on principal adds $4,162/yr, and five-year appreciation sums $178,202 alongside rental yield of 6.35%. Five-year ROI measures 84.83% and total cumulative return in cash totals $180,016. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,413/mo property income versus a $3,157/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1997
10,454 sqft lot
$N/A/sqft
$1,315 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40245, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,773 (100%) |
| Owner Occupied HU | 11,704 (74.2%) |
| Renter Occupied HU | 3,085 (19.6%) |
| Vacant Housing Units | 984 ( 6.2%) |
| Median Home Value | $435,976 |
| Average Home Value | $469,049 |
Housing Distribution
Address Breakdown
Residential
16,147
Single Family
14,505
Multi-Family
1,642
Businesses
369
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Listed by: Martin L Shuck • MLSCO Realty
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1685249
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