239 Middletown SqLouisvilleKY40243
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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 239 Middletown Sq, Louisville, KY, 40243 with 5% annual appreciation on a $134,900 basis while $1,067/mo rent supports operations. Total monthly income totals $1,067/mo and a $660/mo payment preserves $246/mo for cash returns. Annual cash flow comes to $2,955/yr on $44,719 deployed, and return on cash invested reaches 26.52% in year one. Equity gained on principal adds $870/yr, and five-year appreciation sums $37,270 alongside rental yield of 9.49%. Five-year ROI measures 138.21% and total cumulative return in cash totals $61,805.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,067/mo property income versus a $660/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1971
87.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40243, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,312 (100%) |
| Owner Occupied HU | 3,776 (59.8%) |
| Renter Occupied HU | 1,979 (31.4%) |
| Vacant Housing Units | 557 ( 8.8%) |
| Median Home Value | $350,139 |
| Average Home Value | $364,129 |
Housing Distribution
Address Breakdown
Residential
6,074
Single Family
4,932
Multi-Family
1,142
Businesses
692
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Listed by: Tom Waggener • Caperton Realty
Mls Name: GLARMLS
Mls ID: #1704593