750 Persimmon Ridge DrLouisvilleKY40245
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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 Louisville at 750 Persimmon Ridge Dr, Louisville, KY, 40245 priced at $642,000 pairs $3,955/mo rent with $48/mo cash flow after a $3,142/mo payment. Total monthly income equals $3,955/mo, and annual cash flow comes to $575/yr on $211,218 invested. Return on cash invested is 20.33% in year one, and rental yield stands at 7.39% on a $642,000 basis. Equity gained on principal adds $4,143/yr, and 5% annual appreciation accumulates to $177,373 by year five. Five-year ROI measures 104.93% and total cumulative return in cash reaches $221,638. For financing, Ziffy Mortgage’s DSCR program evaluates $3,955/mo property income against a $3,142/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40245, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,773 (100%) |
| Owner Occupied HU | 11,704 (74.2%) |
| Renter Occupied HU | 3,085 (19.6%) |
| Vacant Housing Units | 984 ( 6.2%) |
| Median Home Value | $435,976 |
| Average Home Value | $469,049 |
Housing Distribution
Address Breakdown
Residential
16,147
Single Family
14,505
Multi-Family
1,642
Businesses
369
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Listed by: Wendy N Hayden • Persimmon Tree Realty
Mls Name: GLARMLS
Mls ID: #1696874