3023 Leman DrLouisvilleKY40220
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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 3023 Leman Dr, Louisville, KY, 40220 earns $724/mo cash flow from $2,245/mo rent with a $1,223/mo payment. Total monthly income totals $2,245/mo, and annual cash flow totals $8,690/yr on $82,842 capital. ROI tracks 30.4% on current figures, and rental yield reads 10.78% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 159.01% and total cumulative return in cash sums $131,726. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,245/mo property income instead of your personal income.
Single Family
Built in 1958
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
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Listed by: Daniel J Guillory • Avista Realty, LLC
Mls Name: GLARMLS
Mls ID: #1702427