5502 Velvet CtLouisvilleKY40272
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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 Louisville at 5502 Velvet Ct, Louisville, KY, 40272 listed at $369,900 pairs $2,544/mo rent with a $1,810/mo payment to leave $293/mo cash flow. Total monthly income runs $2,544/mo, and annual cash flow reaches $3,518/yr on $122,622 cash to close. Return on cash invested measures 22.78% in year one, and rental yield registers 8.25% at a $369,900 basis. Equity gained on principal adds $2,387/yr, and annual property appreciation at 5% supports $102,197 by year five. Five-year ROI tracks 118.12% and total cumulative return in cash totals $144,838. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,544/mo property income relative to a $1,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40272, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,140 (100%) |
| Owner Occupied HU | 10,670 (66.1%) |
| Renter Occupied HU | 4,203 (26.0%) |
| Vacant Housing Units | 1,267 ( 7.9%) |
| Median Home Value | $218,167 |
| Average Home Value | $275,954 |
Housing Distribution
Address Breakdown
Residential
15,885
Single Family
15,029
Multi-Family
856
Businesses
460
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Listed by: Gudenkauf Team • RE/MAX ADVANTAGE +
Mls Name: HKMLS
Mls ID: #HK25003498