301 El Conquistador PlLouisvilleKY40220
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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 301 El Conquistador Pl, Louisville, KY, 40220 priced at $109,000 pairs $863/mo rent with $199/mo cash flow after a $534/mo payment. Total monthly income equals $863/mo, and annual cash flow comes to $2,389/yr on $36,134 invested. Return on cash invested is 26.52% in year one, and rental yield stands at 9.5% on a $109,000 basis. Equity gained on principal adds $703/yr, and 5% annual appreciation accumulates to $30,115 by year five. Five-year ROI measures 138.28% and total cumulative return in cash reaches $49,966. For financing, Ziffy Mortgage’s DSCR program evaluates $863/mo property income against a $534/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1975
N/A 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: Scott Hack • Finish Line Realty LLC
Mls Name: GLARMLS
Mls ID: #1704686