303 Oread RdBrownsboro VillageKY40207
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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 Brownsboro Village at 303 Oread Rd, Brownsboro Village, KY, 40207 offers a 7.57% rental yield on a $517,000 purchase with $3,260/mo rent. Total monthly income registers $3,260/mo, and a $2,530/mo payment leaves $114/mo available for distribution. Annual cash flow reaches $1,367/yr on $170,093 to close, and return on cash invested stands at 20.86% in year one. Equity gained on principal adds $3,336/yr while 5% annual appreciation supports $142,838 over five years. Portfolio math shows five-year ROI at 107.78% and total cumulative return in cash at $183,329. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,260/mo property income against a $2,530/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40207, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,099 (100%) |
| Owner Occupied HU | 9,726 (64.4%) |
| Renter Occupied HU | 3,985 (26.4%) |
| Vacant Housing Units | 1,388 ( 9.2%) |
| Median Home Value | $428,509 |
| Average Home Value | $495,697 |
Housing Distribution
Address Breakdown
Residential
14,852
Single Family
11,585
Multi-Family
3,267
Businesses
1,702
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Listed by: Katie A Douglas • Homepage Realty
Mls Name: GLARMLS
Mls ID: #1706527