16811 Aiken Ridge CirLouisvilleKY40245
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
Rental property for sale in Louisville at 16811 Aiken Ridge Cir, Louisville, KY, 40245 generates $3,680/mo in rent and, after a $1,978/mo payment, leaves $1,090/mo in cash flow. Total monthly income is $3,680/mo, and annual cash flow is $13,086/yr on $133,956 invested. Return on cash invested sits at 29.68% in year one, and rental yield is 10.93% on a $404,090 entry. Equity gained on principal adds $2,608/yr, while 5% annual appreciation builds toward $111,643 over five years. Five-year ROI reaches 155.53% and total cumulative return in cash sums $208,336. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,680/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
6,098 sqft lot
$N/A/sqft
$1,560 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: Kerri Stone • USellis Realty Incorporated
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1691483
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