8605 Butternut CtBriarwoodKY40242
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 Briarwood at 8605 Butternut Ct, Briarwood, KY, 40242 at $275,000 posts ROI 28.75% with $671/mo cash flow from $2,345/mo rent. Total monthly income equals $2,345/mo, and annual cash flow records $8,055/yr on $91,163 to close. Return on cash invested measures 28.75% and rental yield reads 10.23% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 150.13% and total cumulative return in cash totals $136,859.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,345/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40242, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,845 (100%) |
| Owner Occupied HU | 3,167 (65.4%) |
| Renter Occupied HU | 1,400 (28.9%) |
| Vacant Housing Units | 278 ( 5.7%) |
| Median Home Value | $321,517 |
| Average Home Value | $332,004 |
Housing Distribution
Address Breakdown
Residential
4,805
Single Family
4,204
Multi-Family
601
Businesses
116
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Nearby investment properties with comparable prices
Listed by: Jennifer Franson • Family Realty LLC
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1672960
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