1935 Gardiner Ln APT E67LouisvilleKY40205
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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 1935 Gardiner Ln APT E67, Louisville, KY, 40205 earns $219/mo cash flow from $1,098/mo rent with a $707/mo payment. Total monthly income totals $1,098/mo, and annual cash flow totals $2,626/yr on $47,902 capital. ROI tracks 25.39% on current figures, and rental yield reads 9.12% at a $144,500 purchase. Equity gained on principal adds $932/yr, and 5% annual appreciation supports $39,923 over five years. Five-year ROI reaches 132.09% and total cumulative return in cash sums $63,271. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,098/mo property income instead of your personal income.
Condo
Built in 1979
871.20 sqft 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
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Listed by: Tre N Wampler • Stonelake Realtors, LLC
Mls Name: GLARMLS
Mls ID: #1693051