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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Shively at 2128 Middle Ln, Shively, KY, 40216 uses $79,560 cash to close to unlock $9,048/yr annual cash flow and $754/mo monthly cash flow. Total monthly income runs $2,215/mo, and a $1,175/mo payment keeps the spread at $754/mo. Purchase price stands at $240,000, and rental yield measures 11.07% with $2,215/mo rent. Return on cash invested shows 31.28% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 163.7% and total cumulative return in cash records $130,238. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,215/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in 1959
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 40216, Louisville, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,542 (100%) |
| Owner Occupied HU | 10,986 (59.2%) |
| Renter Occupied HU | 6,272 (33.8%) |
| Vacant Housing Units | 1,284 ( 6.9%) |
| Median Home Value | $180,204 |
| Average Home Value | $262,204 |
Residential
18,869
Single Family
16,977
Multi-Family
1,892
Businesses
930
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tiffany R Williams • Eternal, LLC
Mls Name: GLARMLS
Mls ID: #1702460
