3406 Schooler LnLouisvilleKY40272
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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 3406 Schooler Ln, Louisville, KY, 40272 offers a 10.11% rental yield on a $210,000 purchase with $1,769/mo rent. Total monthly income registers $1,769/mo, and a $1,028/mo payment leaves $491/mo available for distribution. Annual cash flow reaches $5,889/yr on $69,615 to close, and return on cash invested stands at 28.37% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 148.08% and total cumulative return in cash at $103,084. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,769/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
1 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: Katye C Heim • Red Edge Realty
Mls Name: GLARMLS
Mls ID: #1705708