1222 Goss AveLouisvilleKY40217
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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
Rental property for sale in Louisville at 1222 Goss Ave, Louisville, KY, 40217 generates $2,089/mo in rent and, after a $1,469/mo payment, leaves $262/mo in cash flow. Total monthly income is $2,089/mo, and annual cash flow is $3,149/yr on $99,483 invested. Return on cash invested sits at 23.07% in year one, and rental yield is 8.35% on a $300,100 entry. Equity gained on principal adds $1,937/yr, while 5% annual appreciation builds toward $82,912 over five years. Five-year ROI reaches 119.7% and total cumulative return in cash sums $119,083. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,089/mo property income rather than buyer’s personal income.
Single Family
Built in 1905
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40217, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,046 (100%) |
| Owner Occupied HU | 3,581 (50.8%) |
| Renter Occupied HU | 2,834 (40.2%) |
| Vacant Housing Units | 631 ( 9.0%) |
| Median Home Value | $235,736 |
| Average Home Value | $252,444 |
Housing Distribution
Address Breakdown
Residential
6,241
Single Family
5,340
Multi-Family
901
Businesses
427
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