3306 Hardwood Forest DrLouisvilleKY40214
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3306 Hardwood Forest Dr, Louisville, KY, 40214 earns $1,126/mo cash flow from $3,964/mo rent with a $2,254/mo payment. Total monthly income totals $3,964/mo, and annual cash flow totals $13,515/yr on $152,656 capital. ROI tracks 28.76% on current figures, and rental yield reads 10.33% at a $460,500 purchase. Equity gained on principal adds $2,972/yr, and 5% annual appreciation supports $127,228 over five years. Five-year ROI reaches 150.3% and total cumulative return in cash sums $229,442. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,964/mo property income instead of your personal income.
Single Family
Built in 1998
0.36 Acres lot
$N/A/sqft
$35 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40214, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,229 (100%) |
| Owner Occupied HU | 10,411 (51.5%) |
| Renter Occupied HU | 8,079 (39.9%) |
| Vacant Housing Units | 1,739 ( 8.6%) |
| Median Home Value | $217,200 |
| Average Home Value | $266,231 |
Housing Distribution
Address Breakdown
Residential
19,448
Single Family
16,703
Multi-Family
2,745
Businesses
857
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A