2401 Woodmont DrLouisvilleKY40220
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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 2401 Woodmont Dr, Louisville, KY, 40220 offers $2,676/mo rent that, after a $1,405/mo payment, leaves $929/mo cash flow. Total monthly income is $2,676/mo, and annual cash flow is $11,148/yr on $95,141 cash. Return on cash invested measures 31.63% in year one, and rental yield stands at 11.19% at a $287,000 entry. Equity gained on principal adds $1,852/yr while 5% annual appreciation compounds into $79,293 by year five. Five-year ROI records 165.54% and total cumulative return in cash reaches $157,498. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,676/mo property income versus a $1,405/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40220, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,103 (100%) |
| Owner Occupied HU | 9,534 (59.2%) |
| Renter Occupied HU | 5,515 (34.2%) |
| Vacant Housing Units | 1,054 ( 6.5%) |
| Median Home Value | $259,893 |
| Average Home Value | $287,329 |
Housing Distribution
Address Breakdown
Residential
15,639
Single Family
12,305
Multi-Family
3,334
Businesses
603
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Listed by: Raniya Bumadian • Home & Comfort Realty, LLC
Mls Name: GLARMLS
Mls ID: #1701194