12902 N Osage RdLouisvilleKY40223
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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 12902 N Osage Rd, Louisville, KY, 40223 offers a 3.23% rental yield on a $1,575,000 purchase with $4,240/mo rent. 8% in year one. Equity gained on principal adds $10,163/yr while 5% annual appreciation supports $435,143 over five years. Portfolio math shows five-year ROI at 37.67% and total cumulative return in cash at $192,218. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,240/mo property income against a $7,709/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
2.91 Acres 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: Jennifer W Downs • 85W Real Estate
Mls Name: GLARMLS
Mls ID: #1703043