310 Mill Stream PlLyndonKY40222
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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 Lyndon at 310 Mill Stream Pl, Lyndon, KY, 40222 priced at $849,000 converts $2,279/mo rent into after a $4,155/mo obligation. Total monthly income equals $2,279/mo. Return on cash invested prints 7.65% in year one, and rental yield reads 3.22% against a $849,000 entry. Equity gained on principal adds $5,478/yr, while 5% annual appreciation compiles into $234,563 by year five. Five-year ROI reaches 36.96% and total cumulative return in cash sums $103,244. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,279/mo property income covering a $4,155/mo payment, not borrower’s personal income.
Single Family
Built in 1984
8.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40222, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,747 (100%) |
| Owner Occupied HU | 6,400 (54.5%) |
| Renter Occupied HU | 4,377 (37.3%) |
| Vacant Housing Units | 970 ( 8.3%) |
| Median Home Value | $379,410 |
| Average Home Value | $472,615 |
Housing Distribution
Address Breakdown
Residential
11,380
Single Family
8,068
Multi-Family
3,312
Businesses
1,245
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