11700 Hancock Trace CtLouisvilleKY40245
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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 11700 Hancock Trace Ct, Louisville, KY, 40245 listed at $485,000 pairs $3,904/mo rent with a $2,374/mo payment to leave $952/mo cash flow. Total monthly income runs $3,904/mo, and annual cash flow reaches $11,424/yr on $160,778 cash to close. Return on cash invested measures 27.01% in year one, and rental yield registers 9.66% at a $485,000 basis. Equity gained on principal adds $3,130/yr, and annual property appreciation at 5% supports $133,997 by year five. Five-year ROI tracks 140.83% and total cumulative return in cash totals $226,430. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,904/mo property income relative to a $2,374/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
0.34 Acres lot
$N/A/sqft
No 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: Lyle Rommelman • White Picket Real Estate
Mls Name: GLARMLS
Mls ID: #1695958