10007 Northridge CtLouisvilleKY40272
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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 Louisville at 10007 Northridge Ct, Louisville, KY, 40272 listed at $279,000 pairs $2,564/mo rent with a $1,366/mo payment to leave $866/mo cash flow. Total monthly income runs $2,564/mo, and annual cash flow reaches $10,386/yr on $92,489 cash to close. Return on cash invested measures 31.14% in year one, and rental yield registers 11.03% at a $279,000 basis. Equity gained on principal adds $1,800/yr, and annual property appreciation at 5% supports $77,083 by year five. Five-year ROI tracks 162.96% and total cumulative return in cash totals $150,715. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,564/mo property income relative to a $1,366/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40272, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,140 (100%) |
| Owner Occupied HU | 10,670 (66.1%) |
| Renter Occupied HU | 4,203 (26.0%) |
| Vacant Housing Units | 1,267 ( 7.9%) |
| Median Home Value | $218,167 |
| Average Home Value | $275,954 |
Housing Distribution
Address Breakdown
Residential
15,885
Single Family
15,029
Multi-Family
856
Businesses
460
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Listed by: Robert J Mitchell • Givhan & Mitchell REALTORS
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1693870
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