16805 Meander WayLouisvilleKY40245
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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 16805 Meander Way, Louisville, KY, 40245 earns $1,009/mo cash flow from $3,482/mo rent with a $1,989/mo payment. Total monthly income totals $3,482/mo, and annual cash flow totals $12,106/yr on $134,685 capital. ROI tracks 28.9% on current figures, and rental yield reads 10.28% at a $406,290 purchase. Equity gained on principal adds $2,622/yr, and 5% annual appreciation supports $112,250 over five years. Five-year ROI reaches 150.91% and total cumulative return in cash sums $203,255. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,482/mo property income instead of your personal income.
Single Family
Built in 2026
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: N/A • Arbor Homes
Mls Name: Arbor Homes
Mls Provider:
Mls ID: #N/A