1815 Gardiner Ln APT K95LouisvilleKY40205
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1815 Gardiner Ln APT K95, Louisville, KY, 40205 in Louisville is a top-tier cash-flow asset. At $135,500 it produces $1,889/mo in rent and $1,064/mo in net monthly income, a 16.73% gross rental yield. The DSCR of 3.10 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $12,770. Five-year appreciation adds $37,436, driving a total cumulative return of $119,855.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.7% | 6.2% |
| Monthly Cash Flow | $1,064 | $450 |
City averages based on Louisville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,889 |
| Total Monthly Debt Service | $771 |
| DSCR Ratio | 2.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40205, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,067 (100%) |
| Owner Occupied HU | 7,728 (69.8%) |
| Renter Occupied HU | 2,563 (23.2%) |
| Vacant Housing Units | 776 ( 7.0%) |
| Median Home Value | $391,674 |
| Average Home Value | $445,327 |
Housing Distribution
Address Breakdown
Residential
10,909
Single Family
8,803
Multi-Family
2,106
Businesses
567
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40205, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,067 (100%) |
| Owner Occupied HU | 7,728 (69.8%) |
| Renter Occupied HU | 2,563 (23.2%) |
| Vacant Housing Units | 776 ( 7.0%) |
| Median Home Value | $391,674 |
| Average Home Value | $445,327 |
Housing Distribution
Address Breakdown
Residential
10,909
Single Family
8,803
Multi-Family
2,106
Businesses
567
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices