3909 Canopus CtLouisvilleKY40219
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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 3909 Canopus Ct, Louisville, KY, 40219 uses $66,267 cash to close to unlock $6,369/yr annual cash flow and $531/mo monthly cash flow. Total monthly income runs $1,747/mo, and a $978/mo payment keeps the spread at $531/mo. Purchase price stands at $199,900, and rental yield measures 10.49% with $1,747/mo rent. Return on cash invested shows 29.52% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 154.25% and total cumulative return in cash records $102,217. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,747/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1972
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40219, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,720 (100%) |
| Owner Occupied HU | 8,701 (52.0%) |
| Renter Occupied HU | 6,808 (40.7%) |
| Vacant Housing Units | 1,211 ( 7.2%) |
| Median Home Value | $200,768 |
| Average Home Value | $223,180 |
Housing Distribution
Address Breakdown
Residential
17,302
Single Family
13,920
Multi-Family
3,382
Businesses
1,005
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Listed by: Mare N Muccigrosso • Knob & Key Realty, LLC
Mls Name: GLARMLS
Mls ID: #1704542