5689 Mark DrLouisvilleKY40258
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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 5689 Mark Dr, Louisville, KY, 40258 offers a 10.63% rental yield on a $198,900 purchase with $1,762/mo rent. Total monthly income registers $1,762/mo, and a $974/mo payment leaves $551/mo available for distribution. Annual cash flow reaches $6,612/yr on $65,935 to close, and return on cash invested stands at 29.94% in year one. Equity gained on principal adds $1,283/yr while 5% annual appreciation supports $54,952 over five years. Portfolio math shows five-year ROI at 156.48% and total cumulative return in cash at $103,175. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,762/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40258, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,587 (100%) |
| Owner Occupied HU | 8,000 (69.0%) |
| Renter Occupied HU | 2,823 (24.4%) |
| Vacant Housing Units | 764 ( 6.6%) |
| Median Home Value | $190,738 |
| Average Home Value | $229,760 |
Housing Distribution
Address Breakdown
Residential
11,254
Single Family
10,720
Multi-Family
534
Businesses
463
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Listed by: Jill Pruyear • Coldwell Banker Legacy Group
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25005824
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.