3015 Arjay LnLouisvilleKY40220
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
Investment Highlights
Investment property for sale in Louisville at 3015 Arjay Ln, Louisville, KY, 40220 uses $95,638 cash to close to unlock $5,570/yr annual cash flow and $464/mo monthly cash flow. Total monthly income runs $2,220/mo, and a $1,412/mo payment keeps the spread at $464/mo. Purchase price stands at $288,500, and rental yield measures 9.23% with $2,220/mo rent. Return on cash invested shows 25.73% in year one, and 5% annual appreciation builds toward $79,707 over five years. Five-year ROI reaches 133.98% and total cumulative return in cash records $128,137. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,220/mo property income covering a $1,412/mo payment rather than investor’s personal income.
Single Family
Built in 1976
7,405 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leah Frederick • HER LLC
Mls Name: GLARMLS
Mls ID: #1702078