5011 Middlesex DrColdstreamKY40245
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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 Coldstream at 5011 Middlesex Dr, Coldstream, KY, 40245 uses $109,362 cash to close to unlock $8,362/yr annual cash flow and $697/mo monthly cash flow. Total monthly income runs $2,705/mo, and a $1,615/mo payment keeps the spread at $697/mo. Purchase price stands at $329,900, and rental yield measures 9.84% with $2,705/mo rent. Return on cash invested shows 27.56% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 143.71% and total cumulative return in cash records $157,167. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,705/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 2000
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40245, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,773 (100%) |
| Owner Occupied HU | 11,704 (74.2%) |
| Renter Occupied HU | 3,085 (19.6%) |
| Vacant Housing Units | 984 ( 6.2%) |
| Median Home Value | $435,976 |
| Average Home Value | $469,049 |
Housing Distribution
Address Breakdown
Residential
16,147
Single Family
14,505
Multi-Family
1,642
Businesses
369
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Listed by: Ian Mills • Parkside Realty
Mls Name: GLARMLS
Mls ID: #1696663