3508 Hillvale RdSpring ValleyKY40241
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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 Spring Valley at 3508 Hillvale Rd, Spring Valley, KY, 40241 listed at $425,000 pairs $3,274/mo rent with a $2,080/mo payment to leave $688/mo cash flow. Total monthly income runs $3,274/mo, and annual cash flow reaches $8,250/yr on $140,888 cash to close. Return on cash invested measures 25.77% in year one, and rental yield registers 9.24% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 134.12% and total cumulative return in cash totals $188,957. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,274/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
0.34 Acres 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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Nearby investment properties with comparable prices
Listed by: Kathleen Campbell • Heart of KY Real Estate, Inc.
Mls Name: GLARMLS
Mls ID: #1706670