11400 Walnut Farm PlLouisvilleKY40229
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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 11400 Walnut Farm Pl, Louisville, KY, 40229 listed at $289,000 pairs $2,524/mo rent with a $1,415/mo payment to leave $765/mo cash flow. Total monthly income runs $2,524/mo, and annual cash flow reaches $9,175/yr on $95,804 cash to close. Return on cash invested measures 29.49% in year one, and rental yield registers 10.48% at a $289,000 basis. Equity gained on principal adds $1,865/yr, and annual property appreciation at 5% supports $79,845 by year five. Five-year ROI tracks 154.07% and total cumulative return in cash totals $147,602. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,524/mo property income relative to a $1,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40229, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,375 (100%) |
| Owner Occupied HU | 11,761 (71.8%) |
| Renter Occupied HU | 3,876 (23.7%) |
| Vacant Housing Units | 738 ( 4.5%) |
| Median Home Value | $229,194 |
| Average Home Value | $262,554 |
Housing Distribution
Address Breakdown
Residential
16,506
Single Family
15,554
Multi-Family
952
Businesses
430
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Listed by: Noor M Ghazawi • EXP Realty LLC
Mls Name: GLARMLS
Mls ID: #1705744