203 Bonner AveSaint MatthewsKY40207
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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 Saint Matthews at 203 Bonner Ave, Saint Matthews, KY, 40207 uses $74,588 cash to close to unlock $2,890/yr annual cash flow and $241/mo monthly cash flow. Total monthly income runs $1,610/mo, and a $1,101/mo payment keeps the spread at $241/mo. Purchase price stands at $225,000, and rental yield measures 8.59% with $1,610/mo rent. Return on cash invested shows 23.78% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 123.49% and total cumulative return in cash records $92,109. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,610/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1941
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40207, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,099 (100%) |
| Owner Occupied HU | 9,726 (64.4%) |
| Renter Occupied HU | 3,985 (26.4%) |
| Vacant Housing Units | 1,388 ( 9.2%) |
| Median Home Value | $428,509 |
| Average Home Value | $495,697 |
Housing Distribution
Address Breakdown
Residential
14,852
Single Family
11,585
Multi-Family
3,267
Businesses
1,702
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Listed by: Victor L Wolford • Weichert Realtors - ABG
Mls Name: GLARMLS
Mls ID: #1706420