Freeport Plan, Hidden ForestLouisvilleKY40229
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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
Rental property for sale in Louisville at Freeport Plan, Hidden Forest, Louisville, KY, 40229 offers $2,730/mo rent that, after a $1,551/mo payment, leaves $801/mo cash flow. Total monthly income is $2,730/mo, and annual cash flow is $9,616/yr on $105,052 cash. Return on cash invested measures 29.06% in year one, and rental yield stands at 10.34% at a $316,900 entry. Equity gained on principal adds $2,045/yr while 5% annual appreciation compounds into $87,554 by year five. Five-year ROI records 151.82% and total cumulative return in cash reaches $159,494. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,730/mo property income versus a $1,551/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40229, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,375 (100%) |
| Owner Occupied HU | 11,761 (71.8%) |
| Renter Occupied HU | 3,876 (23.7%) |
| Vacant Housing Units | 738 ( 4.5%) |
| Median Home Value | $229,194 |
| Average Home Value | $262,554 |
Housing Distribution
Address Breakdown
Residential
16,506
Single Family
15,554
Multi-Family
952
Businesses
430
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A