3507 Lodge Ln APT 313LouisvilleKY40218
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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 3507 Lodge Ln APT 313, Louisville, KY, 40218 earns $264/mo cash flow from $900/mo rent with a $511/mo payment. Total monthly income totals $900/mo, and annual cash flow totals $3,174/yr on $34,642 capital. ROI tracks 29.07% on current figures, and rental yield reads 10.33% at a $104,500 purchase. Equity gained on principal adds $674/yr, and 5% annual appreciation supports $28,871 over five years. Five-year ROI reaches 151.9% and total cumulative return in cash sums $52,621. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $900/mo property income instead of your personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40218, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,478 (100%) |
| Owner Occupied HU | 6,879 (47.5%) |
| Renter Occupied HU | 6,360 (43.9%) |
| Vacant Housing Units | 1,239 ( 8.6%) |
| Median Home Value | $209,730 |
| Average Home Value | $235,809 |
Housing Distribution
Address Breakdown
Residential
14,077
Single Family
10,571
Multi-Family
3,506
Businesses
1,315
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Listed by: Colleen E Walker • EXP Realty LLC
Mls Name: GLARMLS
Mls ID: #1699332