518 Washburn AveLyndonKY40222
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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 Lyndon at 518 Washburn Ave, Lyndon, KY, 40222 priced at $219,900 pairs $1,754/mo rent with $416/mo cash flow after a $1,076/mo payment. Total monthly income equals $1,754/mo, and annual cash flow comes to $4,991/yr on $72,897 invested. Return on cash invested is 26.76% in year one, and rental yield stands at 9.57% on a $219,900 basis. Equity gained on principal adds $1,419/yr, and 5% annual appreciation accumulates to $60,754 by year five. Five-year ROI measures 139.42% and total cumulative return in cash reaches $101,632. For financing, Ziffy Mortgage’s DSCR program evaluates $1,754/mo property income against a $1,076/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40222, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,747 (100%) |
| Owner Occupied HU | 6,400 (54.5%) |
| Renter Occupied HU | 4,377 (37.3%) |
| Vacant Housing Units | 970 ( 8.3%) |
| Median Home Value | $379,410 |
| Average Home Value | $472,615 |
Housing Distribution
Address Breakdown
Residential
11,380
Single Family
8,068
Multi-Family
3,312
Businesses
1,245
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