15309 Royal Troon AveLouisvilleKY40245
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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 15309 Royal Troon Ave, Louisville, KY, 40245 uses $132,567 cash to close to unlock $2,381/yr annual cash flow and $198/mo monthly cash flow. Total monthly income runs $2,632/mo, and a $1,957/mo payment keeps the spread at $198/mo. Purchase price stands at $399,900, and rental yield measures 7.9% with $2,632/mo rent. Return on cash invested shows 21.71% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 112.34% and total cumulative return in cash records $148,928. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,632/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Condo
Built in 2014
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40245, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,773 (100%) |
| Owner Occupied HU | 11,704 (74.2%) |
| Renter Occupied HU | 3,085 (19.6%) |
| Vacant Housing Units | 984 ( 6.2%) |
| Median Home Value | $435,976 |
| Average Home Value | $469,049 |
Housing Distribution
Address Breakdown
Residential
16,147
Single Family
14,505
Multi-Family
1,642
Businesses
369
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Listed by: William M Friel • Weichert Realtors - ABG
Mls Name: GLARMLS
Mls ID: #1703761