12800 Sheringham LnLouisvilleKY40299
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 12800 Sheringham Ln, Louisville, KY, 40299 earns $567/mo cash flow from $2,941/mo rent with a $1,909/mo payment. Total monthly income totals $2,941/mo, and annual cash flow totals $6,807/yr on $129,285 capital. ROI tracks 25.17% on current figures, and rental yield reads 9.05% at a $390,000 purchase. Equity gained on principal adds $2,517/yr, and 5% annual appreciation supports $107,750 over five years. Five-year ROI reaches 130.96% and total cumulative return in cash sums $169,316. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,941/mo property income instead of your personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40299, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,393 (100%) |
| Owner Occupied HU | 13,111 (71.3%) |
| Renter Occupied HU | 4,380 (23.8%) |
| Vacant Housing Units | 902 ( 4.9%) |
| Median Home Value | $321,716 |
| Average Home Value | $359,747 |
Housing Distribution
Address Breakdown
Residential
19,378
Single Family
17,249
Multi-Family
2,129
Businesses
1,730
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gregory Hardy • United Real Estate Louisville
Mls Name: GLARMLS
Mls ID: #1702796