11414 Kendrick DrLouisvilleKY40241
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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 11414 Kendrick Dr, Louisville, KY, 40241 uses $84,499 cash to close to unlock $8,151/yr annual cash flow and $679/mo monthly cash flow. Total monthly income runs $2,231/mo, and a $1,248/mo payment keeps the spread at $679/mo. Purchase price stands at $254,900, and rental yield measures 10.5% with $2,231/mo rent. Return on cash invested shows 29.56% in year one, and 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 154.48% and total cumulative return in cash records $130,536. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,231/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1979
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40241, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,271 (100%) |
| Owner Occupied HU | 9,141 (64.1%) |
| Renter Occupied HU | 4,044 (28.3%) |
| Vacant Housing Units | 1,086 ( 7.6%) |
| Median Home Value | $378,309 |
| Average Home Value | $415,550 |
Housing Distribution
Address Breakdown
Residential
14,216
Single Family
11,276
Multi-Family
2,940
Businesses
686
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Listed by: Daniel J Peak • Totally About Houses
Mls Name: GLARMLS
Mls ID: #1707451