8412 Fox Ridge CtLouisvilleKY40272
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
Rental property for sale in Louisville at 8412 Fox Ridge Ct, Louisville, KY, 40272 priced at $439,900 converts $3,917/mo rent into $1,223/mo cash flow after a $2,153/mo obligation. Total monthly income equals $3,917/mo, and annual cash flow totals $14,677/yr on $145,827 invested. Return on cash invested prints 29.97% in year one, and rental yield reads 10.69% against a $439,900 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation compiles into $121,536 by year five. Five-year ROI reaches 156.75% and total cumulative return in cash sums $228,591. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,917/mo property income covering a $2,153/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.57 Acres lot
$N/A/sqft
$200 annually 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: Patty Allgeier • BERKSHIRE HATHAWAY HomeServices, Parks & Weisberg Realtors
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1670281
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