412 Highwood DrLouisvilleKY40206
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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 412 Highwood Dr, Louisville, KY, 40206 with 5% annual appreciation on a $147,900 basis while $1,433/mo rent supports operations. Total monthly income totals $1,433/mo and a $724/mo payment preserves $533/mo for cash returns. Annual cash flow comes to $6,393/yr on $49,029 deployed, and return on cash invested reaches 32.95% in year one. Equity gained on principal adds $954/yr, and five-year appreciation sums $40,862 alongside rental yield of 11.63%. Five-year ROI measures 172.64% and total cumulative return in cash totals $84,643.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,433/mo property income versus a $724/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40206, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,360 (100%) |
| Owner Occupied HU | 5,103 (44.9%) |
| Renter Occupied HU | 5,045 (44.4%) |
| Vacant Housing Units | 1,212 (10.7%) |
| Median Home Value | $384,167 |
| Average Home Value | $449,727 |
Housing Distribution
Address Breakdown
Residential
11,253
Single Family
7,768
Multi-Family
3,485
Businesses
1,013
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Listed by: Marion Gibson • Semonin REALTORS
Mls Name: GLARMLS
Mls ID: #1698678