12428 Brothers AveMiddletownKY40243
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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 12428 Brothers Ave, Middletown, KY, 40243 offers a 8.17% rental yield on a $259,950 purchase with $1,770/mo rent. Total monthly income registers $1,770/mo, and a $1,272/mo payment leaves $188/mo available for distribution. Annual cash flow reaches $2,259/yr on $86,173 to close, and return on cash invested stands at 22.53% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,819 over five years. Portfolio math shows five-year ROI at 116.79% and total cumulative return in cash at $100,646. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,770/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
6,969 sqft 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: Chad Russell • Semonin REALTORS
Mls Name: GLARMLS
Mls ID: #1692830