4305 Lost Spring CtLouisvilleKY40241
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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 Louisville at 4305 Lost Spring Ct, Louisville, KY, 40241 offers a 9.22% rental yield on a $550,000 purchase with $4,226/mo rent. Total monthly income registers $4,226/mo, and a $2,692/mo payment leaves $879/mo available for distribution. Annual cash flow reaches $10,543/yr on $180,950 to close, and return on cash invested stands at 25.89% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 134.73% and total cumulative return in cash at $243,790. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,226/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.45 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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Listed by: Kyle Elmore • White Picket Real Estate
Mls Name: GLARMLS
Mls ID: #1701604