8810 Nottingham PkwyHurstbourneKY40222
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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 Hurstbourne at 8810 Nottingham Pkwy, Hurstbourne, KY, 40222 uses $180,950 cash to close to unlock $1,327/yr annual cash flow and $111/mo monthly cash flow. Total monthly income runs $3,458/mo, and a $2,692/mo payment keeps the spread at $111/mo. Purchase price stands at $550,000, and rental yield measures 7.54% with $3,458/mo rent. Return on cash invested shows 20.79% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 107.42% and total cumulative return in cash records $194,374. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,458/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Single Family
Built in 1968
0.28 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: Jay Pitts • RE/MAX Premier Properties
Mls Name: GLARMLS
Mls ID: #1704614