5109 Bannon Crossings DrLouisvilleKY40218
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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 5109 Bannon Crossings Dr, Louisville, KY, 40218 uses $117,649 cash to close to unlock $337/yr annual cash flow and $28/mo monthly cash flow. Total monthly income runs $2,188/mo, and a $1,737/mo payment keeps the spread at $28/mo. Purchase price stands at $354,900, and rental yield measures 7.4% with $2,188/mo rent. Return on cash invested shows 20.2% in year one, and 5% annual appreciation builds toward $98,052 over five years. Five-year ROI reaches 104.29% and total cumulative return in cash records $122,692. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,188/mo property income covering a $1,737/mo payment rather than investor’s personal income.
Single Family
Built in 2009
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40218, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,478 (100%) |
| Owner Occupied HU | 6,879 (47.5%) |
| Renter Occupied HU | 6,360 (43.9%) |
| Vacant Housing Units | 1,239 ( 8.6%) |
| Median Home Value | $209,730 |
| Average Home Value | $235,809 |
Housing Distribution
Address Breakdown
Residential
14,077
Single Family
10,571
Multi-Family
3,506
Businesses
1,315
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Listed by: Kristi E Brizendine • Green Team Real Estate Services
Mls Name: GLARMLS
Mls ID: #1707938