2903 Rockaway 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 2903 Rockaway Dr, Louisville, KY, 40216 at $293,000 posts ROI 23.58% with $297/mo cash flow from $2,080/mo rent. Total monthly income equals $2,080/mo, and annual cash flow records $3,562/yr on $97,130 to close. Return on cash invested measures 23.58% and rental yield reads 8.52% at the current $293,000. Equity gained on principal adds $1,891/yr, and 5% annual appreciation supports $80,951 by year five. Five-year ROI prints 122.37% and total cumulative return in cash totals $118,858.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,080/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
0.49 Acres 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: Rita Prada • Watson Realty
Mls Name: GLARMLS
Mls ID: #1701851