2521 Legene CtLouisvilleKY40216
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 2521 Legene Ct, Louisville, KY, 40216 in Louisville earns a 8.69% gross yield at $276,200. Rent of $1,999/mo nets $318/mo after the $1,242/mo mortgage. The 1.61 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $76,309 and $2,544/yr in equity accumulation project a total cumulative return of $125,065.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.2% |
| Monthly Cash Flow | $318 | $450 |
City averages based on Louisville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,999 |
| Total Monthly Debt Service | $1,571 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1969
9,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40216, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,542 (100%) |
| Owner Occupied HU | 10,986 (59.2%) |
| Renter Occupied HU | 6,272 (33.8%) |
| Vacant Housing Units | 1,284 ( 6.9%) |
| Median Home Value | $180,204 |
| Average Home Value | $262,204 |
Housing Distribution
Address Breakdown
Residential
18,869
Single Family
16,977
Multi-Family
1,892
Businesses
930
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
Single Family
Built in 1969
9,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40216, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,542 (100%) |
| Owner Occupied HU | 10,986 (59.2%) |
| Renter Occupied HU | 6,272 (33.8%) |
| Vacant Housing Units | 1,284 ( 6.9%) |
| Median Home Value | $180,204 |
| Average Home Value | $262,204 |
Housing Distribution
Address Breakdown
Residential
18,869
Single Family
16,977
Multi-Family
1,892
Businesses
930
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A