16808 Aiken Ridge CirLouisvilleKY40245
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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 16808 Aiken Ridge Cir, Louisville, KY, 40245 earns $492/mo cash flow from $3,680/mo rent with a $2,564/mo payment. Total monthly income totals $3,680/mo, and annual cash flow totals $5,902/yr on $172,324 capital. ROI tracks 23.49% on current figures, and rental yield reads 8.43% at a $523,780 purchase. Equity gained on principal adds $3,380/yr, and 5% annual appreciation supports $144,711 over five years. Five-year ROI reaches 121.85% and total cumulative return in cash sums $209,974. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,680/mo property income instead of your personal income.
Single Family
Built in 2025
6,098 sqft 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: Kerri Stone • USellis Realty Incorporated
Mls Name: GLARMLS
Mls ID: #1691459