158 Hillside LnLouisvilleKY40229
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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 158 Hillside Ln, Louisville, KY, 40229 priced at $199,900 pairs $1,676/mo rent with $460/mo cash flow after a $978/mo payment. Total monthly income equals $1,676/mo, and annual cash flow comes to $5,517/yr on $66,267 invested. Return on cash invested is 28.24% in year one, and rental yield stands at 10.06% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 147.35% and total cumulative return in cash reaches $97,645. For financing, Ziffy Mortgage’s DSCR program evaluates $1,676/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40229, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,375 (100%) |
| Owner Occupied HU | 11,761 (71.8%) |
| Renter Occupied HU | 3,876 (23.7%) |
| Vacant Housing Units | 738 ( 4.5%) |
| Median Home Value | $229,194 |
| Average Home Value | $262,554 |
Housing Distribution
Address Breakdown
Residential
16,506
Single Family
15,554
Multi-Family
952
Businesses
430
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Listed by: Jessie Ray Killebrew • THRIVE Realty
Mls Name: GLARMLS
Mls ID: #1701879