2 Oak Tree LnLouisvilleKY40245
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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 Louisville at 2 Oak Tree Ln, Louisville, KY, 40245 priced at $600,000 pairs $3,899/mo rent with $247/mo cash flow after a $2,937/mo payment. Total monthly income equals $3,899/mo, and annual cash flow comes to $2,964/yr on $197,400 invested. Return on cash invested is 21.56% in year one, and rental yield stands at 7.8% on a $600,000 basis. Equity gained on principal adds $3,872/yr, and 5% annual appreciation accumulates to $165,769 by year five. Five-year ROI measures 111.53% and total cumulative return in cash reaches $220,152. For financing, Ziffy Mortgage’s DSCR program evaluates $3,899/mo property income against a $2,937/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
0.65 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
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Listed by: Scott J Boehnlein • Family Realty LLC
Mls Name: GLARMLS
Mls ID: #1693276