10201 Lark Meadow DrLouisvilleKY40291
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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 10201 Lark Meadow Dr, Louisville, KY, 40291 listed at $349,900 pairs $3,379/mo rent with a $1,713/mo payment to leave $1,249/mo cash flow. Total monthly income runs $3,379/mo, and annual cash flow reaches $14,988/yr on $115,992 cash to close. Return on cash invested measures 32.83% in year one, and rental yield registers 11.59% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 172.03% and total cumulative return in cash totals $199,542. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,379/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2011
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40291, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,491 (100%) |
| Owner Occupied HU | 12,581 (71.9%) |
| Renter Occupied HU | 3,939 (22.5%) |
| Vacant Housing Units | 971 ( 5.6%) |
| Median Home Value | $291,535 |
| Average Home Value | $322,862 |
Housing Distribution
Address Breakdown
Residential
17,713
Single Family
16,933
Multi-Family
780
Businesses
639
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Listed by: Hannah Novak • Knob & Key Realty, LLC
Mls Name: GLARMLS
Mls ID: #1702020