199 Crabapple LnLouisvilleKY40245
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
Investment Highlights
Rental property for sale in Louisville at 199 Crabapple Ln, Louisville, KY, 40245 priced at $955,000 pairs $5,410/mo rent with after a $4,674/mo payment. Total monthly income equals $5,410/mo. Return on cash invested is 18.52% in year one, and rental yield stands at 6.8% on a $955,000 basis. Equity gained on principal adds $6,162/yr, and 5% annual appreciation accumulates to $263,849 by year five. Five-year ROI measures 95.24% and total cumulative return in cash reaches $299,231. For financing, Ziffy Mortgage’s DSCR program evaluates $5,410/mo property income against a $4,674/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2014
5 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pamela Lawson • Keller Williams Collective
Mls Name: GLARMLS
Mls ID: #1699685