3801 Garwood PlLouisvilleKY40241
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Louisville at 3801 Garwood Pl, Louisville, KY, 40241 generates $2,947/mo in rent, after a $2,447/mo payment. Total monthly income is $2,947/mo. Return on cash invested sits at 19.22% in year one, and rental yield is 7.07% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 99% and total cumulative return in cash sums $164,096. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,947/mo property income rather than buyer’s personal income.
Townhouse
Built in 2005
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40241, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,271 (100%) |
| Owner Occupied HU | 9,141 (64.1%) |
| Renter Occupied HU | 4,044 (28.3%) |
| Vacant Housing Units | 1,086 ( 7.6%) |
| Median Home Value | $378,309 |
| Average Home Value | $415,550 |
Housing Distribution
Address Breakdown
Residential
14,216
Single Family
11,276
Multi-Family
2,940
Businesses
686
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Todd Smith • Oxford Rhine Real Estate
Mls Name: GLARMLS
Mls ID: #1703953