1509 Glenrock RdLouisvilleKY40216
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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 1509 Glenrock Rd, Louisville, KY, 40216 at $260,000 posts ROI 32.93% with $935/mo cash flow from $2,518/mo rent. Total monthly income equals $2,518/mo, and annual cash flow records $11,222/yr on $86,190 to close. Return on cash invested measures 32.93% and rental yield reads 11.62% at the current $260,000. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 by year five. Five-year ROI prints 172.56% and total cumulative return in cash totals $148,733.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,518/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
8,241 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40216, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,542 (100%) |
| Owner Occupied HU | 10,986 (59.2%) |
| Renter Occupied HU | 6,272 (33.8%) |
| Vacant Housing Units | 1,284 ( 6.9%) |
| Median Home Value | $180,204 |
| Average Home Value | $262,204 |
Housing Distribution
Address Breakdown
Residential
18,869
Single Family
16,977
Multi-Family
1,892
Businesses
930
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