2505 Hampton Ridge BlvdLouisvilleKY40220
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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 2505 Hampton Ridge Blvd, Louisville, KY, 40220 generates $1,912/mo in rent and, after a $1,322/mo payment, leaves $268/mo in cash flow. Total monthly income is $1,912/mo, and annual cash flow is $3,219/yr on $89,505 invested. Return on cash invested sits at 23.51% in year one, and rental yield is 8.5% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 122.03% and total cumulative return in cash sums $109,225. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,912/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40220, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,103 (100%) |
| Owner Occupied HU | 9,534 (59.2%) |
| Renter Occupied HU | 5,515 (34.2%) |
| Vacant Housing Units | 1,054 ( 6.5%) |
| Median Home Value | $259,893 |
| Average Home Value | $287,329 |
Housing Distribution
Address Breakdown
Residential
15,639
Single Family
12,305
Multi-Family
3,334
Businesses
603
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Listed by: Andrea Richards • RE/MAX Elite Realty
Mls Name: Imagine MLS
Mls ID: #25506667