509 Wooded Falls RdMiddletownKY40243
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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
Rental property for sale in Middletown at 509 Wooded Falls Rd, Middletown, KY, 40243 priced at $389,000 pairs $2,942/mo rent with $574/mo cash flow after a $1,904/mo payment. Total monthly income equals $2,942/mo, and annual cash flow comes to $6,893/yr on $128,954 invested. Return on cash invested is 25.25% in year one, and rental yield stands at 9.08% on a $389,000 basis. Equity gained on principal adds $2,510/yr, and 5% annual appreciation accumulates to $107,474 by year five. Five-year ROI measures 131.39% and total cumulative return in cash reaches $169,434. For financing, Ziffy Mortgage’s DSCR program evaluates $2,942/mo property income against a $1,904/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40243, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,312 (100%) |
| Owner Occupied HU | 3,776 (59.8%) |
| Renter Occupied HU | 1,979 (31.4%) |
| Vacant Housing Units | 557 ( 8.8%) |
| Median Home Value | $350,139 |
| Average Home Value | $364,129 |
Housing Distribution
Address Breakdown
Residential
6,074
Single Family
4,932
Multi-Family
1,142
Businesses
692
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Listed by: Karen Widener • Schuler Bauer Real Estate Services ERA Powered
Mls Name: GLARMLS
Mls ID: #1704437