4002 Meadowfield DrLouisvilleKY40245
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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 4002 Meadowfield Dr, Louisville, KY, 40245 earns $583/mo cash flow from $2,987/mo rent with a $1,933/mo payment. Total monthly income totals $2,987/mo, and annual cash flow totals $6,999/yr on $130,943 capital. ROI tracks 25.25% on current figures, and rental yield reads 9.07% at a $395,000 purchase. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 over five years. Five-year ROI reaches 131.4% and total cumulative return in cash sums $172,062. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,987/mo property income instead of your personal income.
Single Family
Built in 2000
9,086 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40245, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,773 (100%) |
| Owner Occupied HU | 11,704 (74.2%) |
| Renter Occupied HU | 3,085 (19.6%) |
| Vacant Housing Units | 984 ( 6.2%) |
| Median Home Value | $435,976 |
| Average Home Value | $469,049 |
Housing Distribution
Address Breakdown
Residential
16,147
Single Family
14,505
Multi-Family
1,642
Businesses
369
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Listed by: Allison C Smith • Lifstyl Real Estate
Mls Name: Imagine MLS
Mls ID: #25500411