121 Blue Fields RdBlue Ridge ManorKY40223
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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 Blue Ridge Manor at 121 Blue Fields Rd, Blue Ridge Manor, KY, 40223 with 5% annual appreciation on a $370,000 basis while $2,604/mo rent supports operations. Total monthly income totals $2,604/mo and a $1,811/mo payment preserves $352/mo for cash returns. Annual cash flow comes to $4,225/yr on $122,655 deployed, and return on cash invested reaches 23.35% in year one. Equity gained on principal adds $2,388/yr, and five-year appreciation sums $102,224 alongside rental yield of 8.45%. Five-year ROI measures 121.2% and total cumulative return in cash totals $148,661.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,604/mo property income versus a $1,811/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40223, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,146 (100%) |
| Owner Occupied HU | 6,920 (62.1%) |
| Renter Occupied HU | 3,358 (30.1%) |
| Vacant Housing Units | 868 ( 7.8%) |
| Median Home Value | $363,815 |
| Average Home Value | $409,810 |
Housing Distribution
Address Breakdown
Residential
11,122
Single Family
9,982
Multi-Family
1,140
Businesses
1,373
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Listed by: Amanda R Dunn • Real Estate Go To
Mls Name: GLARMLS
Mls ID: #1692892