5915 Middleground DrLouisvilleKY40272
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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 5915 Middleground Dr, Louisville, KY, 40272 uses $62,156 cash to close to unlock $15,823/yr annual cash flow and $1,319/mo monthly cash flow. Total monthly income runs $2,460/mo, and a $918/mo payment keeps the spread at $1,319/mo. Purchase price stands at $187,500, and rental yield measures 15.74% with $2,460/mo rent. Return on cash invested shows 45.37% in year one, and 5% annual appreciation builds toward $51,803 over five years. Five-year ROI reaches 239.23% and total cumulative return in cash records $148,699. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,460/mo property income covering a $918/mo payment rather than investor’s personal income.
Single Family
Built in 1955
9,147 sqft 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: Tracy Olson • HOMEPAGE REALTY
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK24004176
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.