4816 Saddle Bend WayLouisvilleKY40299
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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
Rental property for sale in Louisville at 4816 Saddle Bend Way, Louisville, KY, 40299 priced at $548,800 converts $3,467/mo rent into $94/mo cash flow after a $2,686/mo obligation. Total monthly income equals $3,467/mo, and annual cash flow totals $1,124/yr on $180,555 invested. Return on cash invested prints 20.68% in year one, and rental yield reads 7.58% against a $548,800 entry. Equity gained on principal adds $3,541/yr, while 5% annual appreciation compiles into $151,623 by year five. Five-year ROI reaches 106.9% and total cumulative return in cash sums $193,013. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,467/mo property income covering a $2,686/mo payment, not borrower’s personal income.
Single Family
Built in 2013
9,147 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40299, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,393 (100%) |
| Owner Occupied HU | 13,111 (71.3%) |
| Renter Occupied HU | 4,380 (23.8%) |
| Vacant Housing Units | 902 ( 4.9%) |
| Median Home Value | $321,716 |
| Average Home Value | $359,747 |
Housing Distribution
Address Breakdown
Residential
19,378
Single Family
17,249
Multi-Family
2,129
Businesses
1,730
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Listed by: William M Myers • RE/MAX Properties East
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1672345
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