1205 Winter Springs Ct UNIT 202MiddletownKY40243
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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 Middletown at 1205 Winter Springs Ct UNIT 202, Middletown, KY, 40243 earns $580/mo cash flow from $1,888/mo rent with a $1,052/mo payment. Total monthly income totals $1,888/mo, and annual cash flow totals $6,957/yr on $71,273 capital. ROI tracks 29.67% on current figures, and rental yield reads 10.54% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 155.05% and total cumulative return in cash sums $110,509. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,888/mo property income instead of your personal income.
Condo
Built in 1999
N/A 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: John F Wieland • Coldwell Banker McMahan
Mls Name: GLARMLS
Mls ID: #1703613