3303 Gatecreek RdLouisvilleKY40272
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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 3303 Gatecreek Rd, Louisville, KY, 40272 uses $122,324 cash to close to unlock $8,403/yr annual cash flow and $700/mo monthly cash flow. Total monthly income runs $2,946/mo, and a $1,806/mo payment keeps the spread at $700/mo. Purchase price stands at $369,000, and rental yield measures 9.58% with $2,946/mo rent. Return on cash invested shows 26.78% in year one, and 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 139.57% and total cumulative return in cash records $170,727. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,946/mo property income covering a $1,806/mo payment rather than investor’s personal income.
Single Family
Built in 1991
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40272, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,140 (100%) |
| Owner Occupied HU | 10,670 (66.1%) |
| Renter Occupied HU | 4,203 (26.0%) |
| Vacant Housing Units | 1,267 ( 7.9%) |
| Median Home Value | $218,167 |
| Average Home Value | $275,954 |
Housing Distribution
Address Breakdown
Residential
15,885
Single Family
15,029
Multi-Family
856
Businesses
460
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Listed by: Amanda Dunsmore • Segrest Flaherty Realtors LLC
Mls Name: GLARMLS
Mls ID: #1700750