15214 Bristol Harbor AveLouisvilleKY40245
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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
Rental property for sale in Louisville at 15214 Bristol Harbor Ave, Louisville, KY, 40245 generates $2,658/mo in rent and, after a $1,831/mo payment, leaves $381/mo in cash flow. Total monthly income is $2,658/mo, and annual cash flow is $4,576/yr on $123,981 invested. Return on cash invested sits at 23.6% in year one, and rental yield is 8.53% on a $374,000 entry. Equity gained on principal adds $2,413/yr, while 5% annual appreciation builds toward $103,329 over five years. Five-year ROI reaches 122.52% and total cumulative return in cash sums $151,897. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,658/mo property income rather than buyer’s personal income.
Condo
Built in 2012
N/A lot
$N/A/sqft
No 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: Angie Koss • Keystone Realty of Kentucky, LLC
Mls Name: GLARMLS
Mls ID: #1697680