4534 Lake Dreamland DrLouisvilleKY40216
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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 4534 Lake Dreamland Dr, Louisville, KY, 40216 with 5% annual appreciation on a $355,000 basis while $1,350/mo rent supports operations. 64% in year one. Equity gained on principal adds $2,291/yr, and five-year appreciation sums $98,080 alongside rental yield of 4.56%. Five-year ROI measures 58.35% and total cumulative return in cash totals $68,664. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,350/mo property income versus a $1,738/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1938
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40216, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,542 (100%) |
| Owner Occupied HU | 10,986 (59.2%) |
| Renter Occupied HU | 6,272 (33.8%) |
| Vacant Housing Units | 1,284 ( 6.9%) |
| Median Home Value | $180,204 |
| Average Home Value | $262,204 |
Housing Distribution
Address Breakdown
Residential
18,869
Single Family
16,977
Multi-Family
1,892
Businesses
930
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Listed by: Anna Johnson • Keller Williams Realty -Lou
Mls Name: GLARMLS
Mls ID: #1700172