1401 Homeview DrLouisvilleKY40215
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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 1401 Homeview Dr, Louisville, KY, 40215 at $130,000 posts ROI 25.51% with $201/mo cash flow from $992/mo rent. Total monthly income equals $992/mo, and annual cash flow records $2,413/yr on $43,095 to close. Return on cash invested measures 25.51% and rental yield reads 9.16% at the current $130,000. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 by year five. Five-year ROI prints 132.86% and total cumulative return in cash totals $57,255.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $992/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40215, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,693 (100%) |
| Owner Occupied HU | 3,758 (38.8%) |
| Renter Occupied HU | 4,680 (48.3%) |
| Vacant Housing Units | 1,255 (12.9%) |
| Median Home Value | $112,450 |
| Average Home Value | $187,142 |
Housing Distribution
Address Breakdown
Residential
9,174
Single Family
8,590
Multi-Family
584
Businesses
308
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Listed by: James Brown • RE/MAX Premier Properties
Mls Name: GLARMLS
Mls ID: #1705374