470 Old River RdLouisaKY41230
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
Rental property for sale in Louisa at 470 Old River Rd, Louisa, KY, 41230 priced at $400,000 converts $2,440/mo rent into $5/mo cash flow after a $1,958/mo obligation. Total monthly income equals $2,440/mo, and annual cash flow totals $64/yr on $132,600 invested. Return on cash invested prints 19.96% in year one, and rental yield reads 7.32% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 102.98% and total cumulative return in cash sums $136,552. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,440/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 2007
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41230, Louisa, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,603 (100%) |
| Owner Occupied HU | 3,611 (64.4%) |
| Renter Occupied HU | 1,210 (21.6%) |
| Vacant Housing Units | 782 (14.0%) |
| Median Home Value | $138,662 |
| Average Home Value | $166,173 |
Housing Distribution
Address Breakdown
Residential
5,205
Single Family
5,205
Multi-Family
0
Businesses
325
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices