Newberry Plan, Eagle RidgeLouisvilleKY40245
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
Rental property for sale in Louisville at Newberry Plan, Eagle Ridge, Louisville, KY, 40245 priced at $420,990 pairs $3,674/mo rent with $1,111/mo cash flow after a $2,061/mo payment. Total monthly income equals $3,674/mo, and annual cash flow comes to $13,336/yr on $139,558 invested. Return on cash invested is 29.46% in year one, and rental yield stands at 10.47% on a $420,990 basis. Equity gained on principal adds $2,717/yr, and 5% annual appreciation accumulates to $116,312 by year five. Five-year ROI measures 153.97% and total cumulative return in cash reaches $214,878. For financing, Ziffy Mortgage’s DSCR program evaluates $3,674/mo property income against a $2,061/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Pulte Homes
Mls Name: Pulte
Mls Provider:
Mls ID: #N/A