8500 Blue Lick RdLouisvilleKY40219
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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 8500 Blue Lick Rd, Louisville, KY, 40219 at $249,900 posts ROI 28.7% with $607/mo cash flow from $2,128/mo rent. Total monthly income equals $2,128/mo, and annual cash flow records $7,286/yr on $82,842 to close. Return on cash invested measures 28.7% and rental yield reads 10.22% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 149.91% and total cumulative return in cash totals $124,190.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,128/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40219, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,720 (100%) |
| Owner Occupied HU | 8,701 (52.0%) |
| Renter Occupied HU | 6,808 (40.7%) |
| Vacant Housing Units | 1,211 ( 7.2%) |
| Median Home Value | $200,768 |
| Average Home Value | $223,180 |
Housing Distribution
Address Breakdown
Residential
17,302
Single Family
13,920
Multi-Family
3,382
Businesses
1,005
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Listed by: Kimberly Holtegel • Era Select Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25002576
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.