8611 Holston RdBellemeadeKY40222
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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 Bellemeade at 8611 Holston Rd, Bellemeade, KY, 40222 offers a 9% rental yield on a $389,000 purchase with $2,916/mo rent. Total monthly income registers $2,916/mo, and a $1,904/mo payment leaves $548/mo available for distribution. Annual cash flow reaches $6,581/yr on $128,954 to close, and return on cash invested stands at 25.01% in year one. Equity gained on principal adds $2,510/yr while 5% annual appreciation supports $107,474 over five years. Portfolio math shows five-year ROI at 130.09% and total cumulative return in cash at $167,754. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,916/mo property income against a $1,904/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40222, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,747 (100%) |
| Owner Occupied HU | 6,400 (54.5%) |
| Renter Occupied HU | 4,377 (37.3%) |
| Vacant Housing Units | 970 ( 8.3%) |
| Median Home Value | $379,410 |
| Average Home Value | $472,615 |
Housing Distribution
Address Breakdown
Residential
11,380
Single Family
8,068
Multi-Family
3,312
Businesses
1,245
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Listed by: Justin M Merrick • Agency Select Real Estate LLC
Mls Name: GLARMLS
Mls ID: #1693551