2804 Creekside DrHickory HillKY40241
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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 Hickory Hill at 2804 Creekside Dr, Hickory Hill, KY, 40241 with 5% annual appreciation on a $365,000 basis while $2,562/mo rent supports operations. Total monthly income totals $2,562/mo and a $1,786/mo payment preserves $341/mo for cash returns. Annual cash flow comes to $4,092/yr on $120,998 deployed, and return on cash invested reaches 23.29% in year one. Equity gained on principal adds $2,355/yr, and five-year appreciation sums $100,843 alongside rental yield of 8.42%. Five-year ROI measures 120.88% and total cumulative return in cash totals $146,263.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,562/mo property income versus a $1,786/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40241, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,271 (100%) |
| Owner Occupied HU | 9,141 (64.1%) |
| Renter Occupied HU | 4,044 (28.3%) |
| Vacant Housing Units | 1,086 ( 7.6%) |
| Median Home Value | $378,309 |
| Average Home Value | $415,550 |
Housing Distribution
Address Breakdown
Residential
14,216
Single Family
11,276
Multi-Family
2,940
Businesses
686
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Listed by: Danielle Queiroz • May Team REALTORS
Mls Name: GLARMLS
Mls ID: #1691187