3308 Catalpa Farms DriveFishervilleKY40023
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 Fisherville at 3308 Catalpa Farms Drive, Fisherville, KY, 40023 earns $612/mo cash flow from $4,501/mo rent with a $3,128/mo payment. Total monthly income totals $4,501/mo, and annual cash flow totals $7,338/yr on $210,231 capital. ROI tracks 23.55% on current figures, and rental yield reads 8.45% at a $639,000 purchase. Equity gained on principal adds $4,123/yr, and 5% annual appreciation supports $176,544 over five years. Five-year ROI reaches 122.21% and total cumulative return in cash sums $256,924. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,501/mo property income instead of your personal income.
Single Family
Built in 2025
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40023, Fisherville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,372 (100%) |
| Owner Occupied HU | 2,171 (91.5%) |
| Renter Occupied HU | 101 ( 4.3%) |
| Vacant Housing Units | 100 ( 4.2%) |
| Median Home Value | $444,737 |
| Average Home Value | $483,057 |
Housing Distribution
Address Breakdown
Residential
2,442
Single Family
2,442
Multi-Family
0
Businesses
85
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carol Weber • Louisville Realty Group
Mls Name: GLARMLS
Mls ID: #1698764