7205 Peppermill CtSpring MillKY40228
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
Investment Highlights
Investment property for sale in Spring Mill at 7205 Peppermill Ct, Spring Mill, KY, 40228 offers a 8.64% rental yield on a $299,000 purchase with $2,154/mo rent. Total monthly income registers $2,154/mo, and a $1,463/mo payment leaves $335/mo available for distribution. Annual cash flow reaches $4,016/yr on $99,119 to close, and return on cash invested stands at 23.96% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 124.43% and total cumulative return in cash at $123,334. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,154/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40228, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,797 (100%) |
| Owner Occupied HU | 6,015 (68.4%) |
| Renter Occupied HU | 2,430 (27.6%) |
| Vacant Housing Units | 352 ( 4.0%) |
| Median Home Value | $267,381 |
| Average Home Value | $286,167 |
Housing Distribution
Address Breakdown
Residential
8,368
Single Family
8,108
Multi-Family
260
Businesses
343
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deanna L Abell • Century 21 -Dick Vreeland & Associates
Mls Name: GLARMLS
Mls ID: #1699647