1915 Buttonwood RdGraymoor DevondaleKY40222
Nearby investment properties with comparable rents
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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
Rental property for sale in Graymoor Devondale at 1915 Buttonwood Rd, Graymoor Devondale, KY, 40222 offers $2,395/mo rent that, after a $1,206/mo payment, leaves $895/mo cash flow. Total monthly income is $2,395/mo, and annual cash flow is $10,744/yr on $81,685 cash. Return on cash invested measures 33.06% in year one, and rental yield stands at 11.66% at a $246,410 entry. Equity gained on principal adds $1,590/yr while 5% annual appreciation compounds into $68,079 by year five. Five-year ROI records 173.27% and total cumulative return in cash reaches $141,539. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,395/mo property income versus a $1,206/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40222, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,747 (100%) |
| Owner Occupied HU | 6,400 (54.5%) |
| Renter Occupied HU | 4,377 (37.3%) |
| Vacant Housing Units | 970 ( 8.3%) |
| Median Home Value | $379,410 |
| Average Home Value | $472,615 |
Housing Distribution
Address Breakdown
Residential
11,380
Single Family
8,068
Multi-Family
3,312
Businesses
1,245
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Nearby investment properties with comparable prices
Listed by: Shaun M Logsdon • The Logsdon Group
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1685848
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