4603 Saratoga Hill RdLouisvilleKY40299
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 4603 Saratoga Hill Rd, Louisville, KY, 40299 uses $152,159 cash to close to unlock $4,992/yr annual cash flow and $416/mo monthly cash flow. Total monthly income runs $3,210/mo, and a $2,247/mo payment keeps the spread at $416/mo. Purchase price stands at $459,000, and rental yield measures 8.39% with $3,210/mo rent. Return on cash invested shows 23.19% in year one, and 5% annual appreciation builds toward $126,813 over five years. Five-year ROI reaches 120.33% and total cumulative return in cash records $183,095. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,210/mo property income covering a $2,247/mo payment rather than investor’s personal income.
Single Family
Built in 1994
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40299, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,393 (100%) |
| Owner Occupied HU | 13,111 (71.3%) |
| Renter Occupied HU | 4,380 (23.8%) |
| Vacant Housing Units | 902 ( 4.9%) |
| Median Home Value | $321,716 |
| Average Home Value | $359,747 |
Housing Distribution
Address Breakdown
Residential
19,378
Single Family
17,249
Multi-Family
2,129
Businesses
1,730
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Suha Z Matthews • Redfin
Mls Name: GLARMLS
Mls ID: #1706230