5011 Paramount DrLouisvilleKY40258
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 5011 Paramount Dr, Louisville, KY, 40258 in Louisville hard to pass up. The 10.73% gross yield on a $209,900 purchase results in $1,877/mo in rent and $599/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.99). Annual cash flow of $7,192, five-year appreciation of $57,992, and $1,933/yr in equity build-up combine for a projected total cumulative return of $118,078.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.2% |
| Monthly Cash Flow | $599 | $450 |
City averages based on Louisville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,877 |
| Total Monthly Debt Service | $1,194 |
| DSCR Ratio | 1.57x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1964
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40258, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,587 (100%) |
| Owner Occupied HU | 8,000 (69.0%) |
| Renter Occupied HU | 2,823 (24.4%) |
| Vacant Housing Units | 764 ( 6.6%) |
| Median Home Value | $190,738 |
| Average Home Value | $229,760 |
Housing Distribution
Address Breakdown
Residential
11,254
Single Family
10,720
Multi-Family
534
Businesses
463
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
Single Family
Built in 1964
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40258, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,587 (100%) |
| Owner Occupied HU | 8,000 (69.0%) |
| Renter Occupied HU | 2,823 (24.4%) |
| Vacant Housing Units | 764 ( 6.6%) |
| Median Home Value | $190,738 |
| Average Home Value | $229,760 |
Housing Distribution
Address Breakdown
Residential
11,254
Single Family
10,720
Multi-Family
534
Businesses
463
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jay Pitts • RE/MAX Premier Properties
Mls Name: GLARMLS
Mls ID: #1697827