Grandin Plan, The Estates and Meadows at Floyds ForkLouisvilleKY40245
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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 Grandin Plan, The Estates and Meadows at Floyds Fork, Louisville, KY, 40245 priced at $518,490 converts $3,620/mo rent into $464/mo cash flow after a $2,538/mo obligation. Total monthly income equals $3,620/mo, and annual cash flow totals $5,570/yr on $170,583 invested. Return on cash invested prints 23.33% in year one, and rental yield reads 8.38% against a $518,490 entry. Equity gained on principal adds $3,346/yr, while 5% annual appreciation compiles into $143,249 by year five. Five-year ROI reaches 121.02% and total cumulative return in cash sums $206,441. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,620/mo property income covering a $2,538/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40245, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,773 (100%) |
| Owner Occupied HU | 11,704 (74.2%) |
| Renter Occupied HU | 3,085 (19.6%) |
| Vacant Housing Units | 984 ( 6.2%) |
| Median Home Value | $435,976 |
| Average Home Value | $469,049 |
Housing Distribution
Address Breakdown
Residential
16,147
Single Family
14,505
Multi-Family
1,642
Businesses
369
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Listed by: N/A • Fischer Homes
Mls Name: Fischer Homes
Mls ID: #N/A