10407 Forest Garden LnLouisvilleKY40223
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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 10407 Forest Garden Ln, Louisville, KY, 40223 earns $968/mo cash flow from $4,066/mo rent with a $2,491/mo payment. Total monthly income totals $4,066/mo, and annual cash flow totals $11,621/yr on $167,461 capital. ROI tracks 27% on current figures, and rental yield reads 9.59% at a $509,000 purchase. Equity gained on principal adds $3,285/yr, and 5% annual appreciation supports $140,627 over five years. Five-year ROI reaches 140.71% and total cumulative return in cash sums $235,633. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,066/mo property income instead of your personal income.
Single Family
Built in 1999
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40223, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,146 (100%) |
| Owner Occupied HU | 6,920 (62.1%) |
| Renter Occupied HU | 3,358 (30.1%) |
| Vacant Housing Units | 868 ( 7.8%) |
| Median Home Value | $363,815 |
| Average Home Value | $409,810 |
Housing Distribution
Address Breakdown
Residential
11,122
Single Family
9,982
Multi-Family
1,140
Businesses
1,373
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Listed by: Allyson Bagley • Traditions Real Estate Group, LLC
Mls Name: GLARMLS
Mls ID: #1703230