14605 Reserve Park PlLouisvilleKY40245
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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 14605 Reserve Park Pl, Louisville, KY, 40245 earns $70/mo cash flow from $3,058/mo rent with a $2,202/mo payment. Total monthly income totals $3,058/mo, and annual cash flow totals $838/yr on $149,142 capital. ROI tracks 20.47% on current figures, and rental yield reads 8.16% at a $449,900 purchase. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,299 over five years. Five-year ROI reaches 106.44% and total cumulative return in cash sums $158,746. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,058/mo property income instead of your personal income.
Condo
Built in 2022
N/A lot
$N/A/sqft
$3,000 annually 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: Laura Isbell Bailey • Homepage Realty
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1665322
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