1703 Timber TrceLouisvilleKY40214
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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 1703 Timber Trce, Louisville, KY, 40214 earns from $2,071/mo rent with a $2,202/mo payment. Total monthly income totals $2,071/mo. ROI tracks 14.54% on current figures, and rental yield reads 5.52% at a $449,900 purchase. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,299 over five years. Five-year ROI reaches 73.92% and total cumulative return in cash sums $110,242. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,071/mo property income instead of your personal income.
Single Family
Built in 1979
1.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40214, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,229 (100%) |
| Owner Occupied HU | 10,411 (51.5%) |
| Renter Occupied HU | 8,079 (39.9%) |
| Vacant Housing Units | 1,739 ( 8.6%) |
| Median Home Value | $217,200 |
| Average Home Value | $266,231 |
Housing Distribution
Address Breakdown
Residential
19,448
Single Family
16,703
Multi-Family
2,745
Businesses
857
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Listed by: Chris Brown • Ollie Brown Realtors, LLC
Mls Name: GLARMLS
Mls ID: #1695246