303 Bromwell CtLouisvilleKY40245
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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 303 Bromwell Ct, Louisville, KY, 40245 with 5% annual appreciation on a $505,000 basis while $3,700/mo rent supports operations. Total monthly income totals $3,700/mo and a $2,472/mo payment preserves $626/mo for cash returns. Annual cash flow comes to $7,515/yr on $166,145 deployed, and return on cash invested reaches 24.58% in year one. Equity gained on principal adds $3,259/yr, and five-year appreciation sums $139,522 alongside rental yield of 8.79%. Five-year ROI measures 127.76% and total cumulative return in cash totals $212,262.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,700/mo property income versus a $2,472/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40245, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,773 (100%) |
| Owner Occupied HU | 11,704 (74.2%) |
| Renter Occupied HU | 3,085 (19.6%) |
| Vacant Housing Units | 984 ( 6.2%) |
| Median Home Value | $435,976 |
| Average Home Value | $469,049 |
Housing Distribution
Address Breakdown
Residential
16,147
Single Family
14,505
Multi-Family
1,642
Businesses
369
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Listed by: Floyd McCarty • RE/MAX Properties East
Mls Name: GLARMLS
Mls ID: #1701840