2600 Marguerite DrLouisvilleKY40216
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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 Louisville at 2600 Marguerite Dr, Louisville, KY, 40216 uses $82,875 cash to close to unlock $3,769/yr annual cash flow and $314/mo monthly cash flow. Total monthly income runs $1,836/mo, and a $1,224/mo payment keeps the spread at $314/mo. Purchase price stands at $250,000, and rental yield measures 8.81% with $1,836/mo rent. Return on cash invested shows 24.46% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 127.16% and total cumulative return in cash records $105,382. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,836/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1969
9,147 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
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Listed by: J. Exum Group • Keller Williams Louisville East
Mls Name: GLARMLS
Mls ID: #1690533