4116 Stoneview Dr APT 1LouisvilleKY40207
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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 4116 Stoneview Dr APT 1, Louisville, KY, 40207 uses $49,559 cash to close to unlock $3,262/yr annual cash flow and $272/mo monthly cash flow. Total monthly income runs $1,182/mo, and a $732/mo payment keeps the spread at $272/mo. Purchase price stands at $149,500, and rental yield measures 9.49% with $1,182/mo rent. Return on cash invested shows 26.49% in year one, and 5% annual appreciation builds toward $41,304 over five years. Five-year ROI reaches 138% and total cumulative return in cash records $68,393. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,182/mo property income covering a $732/mo payment rather than investor’s personal income.
Condo
Built in 1953
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40207, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,099 (100%) |
| Owner Occupied HU | 9,726 (64.4%) |
| Renter Occupied HU | 3,985 (26.4%) |
| Vacant Housing Units | 1,388 ( 9.2%) |
| Median Home Value | $428,509 |
| Average Home Value | $495,697 |
Housing Distribution
Address Breakdown
Residential
14,852
Single Family
11,585
Multi-Family
3,267
Businesses
1,702
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Listed by: Jackie G Strange • Kentucky Select Properties
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1691229
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