802 Misty Lake CirLouisvilleKY40245
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 Louisville at 802 Misty Lake Cir, Louisville, KY, 40245 earns $1,111/mo cash flow from $4,549/mo rent with a $2,765/mo payment. Total monthly income totals $4,549/mo, and annual cash flow totals $13,330/yr on $185,852 capital. ROI tracks 27.23% on current figures, and rental yield reads 9.66% at a $564,900 purchase. Equity gained on principal adds $3,645/yr, and 5% annual appreciation supports $156,071 over five years. Five-year ROI reaches 141.94% and total cumulative return in cash sums $263,804. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,549/mo property income instead of your personal income.
Single Family
Built in 2021
0.30 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adam G Caperton • Caperton Realty
Mls Name: GLARMLS
Mls ID: #1697245