4402 Northwood DrLouisvilleKY40220
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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 4402 Northwood Dr, Louisville, KY, 40220 listed at $335,000 pairs $2,263/mo rent with a $1,640/mo payment to leave $224/mo cash flow. Total monthly income runs $2,263/mo, and annual cash flow reaches $2,685/yr on $111,053 cash to close. Return on cash invested measures 22.33% in year one, and rental yield registers 8.11% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 115.67% and total cumulative return in cash totals $128,456. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,263/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40220, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,103 (100%) |
| Owner Occupied HU | 9,534 (59.2%) |
| Renter Occupied HU | 5,515 (34.2%) |
| Vacant Housing Units | 1,054 ( 6.5%) |
| Median Home Value | $259,893 |
| Average Home Value | $287,329 |
Housing Distribution
Address Breakdown
Residential
15,639
Single Family
12,305
Multi-Family
3,334
Businesses
603
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Listed by: Megan Quigley • Six Degrees Real Estate, LLC
Mls Name: GLARMLS
Mls ID: #1703973