6008 Lewis WayLouisvilleKY40272
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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 6008 Lewis Way, Louisville, KY, 40272 earns $525/mo cash flow from $1,888/mo rent with a $1,096/mo payment. Total monthly income totals $1,888/mo, and annual cash flow totals $6,301/yr on $74,256 capital. ROI tracks 28.39% on current figures, and rental yield reads 10.11% at a $224,000 purchase. Equity gained on principal adds $1,445/yr, and 5% annual appreciation supports $61,887 over five years. Five-year ROI reaches 148.26% and total cumulative return in cash sums $110,095. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,888/mo property income instead of your personal income.
Single Family
Built in 1955
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40272, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,140 (100%) |
| Owner Occupied HU | 10,670 (66.1%) |
| Renter Occupied HU | 4,203 (26.0%) |
| Vacant Housing Units | 1,267 ( 7.9%) |
| Median Home Value | $218,167 |
| Average Home Value | $275,954 |
Housing Distribution
Address Breakdown
Residential
15,885
Single Family
15,029
Multi-Family
856
Businesses
460
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Listed by: Francisco J Merlet • EXP Realty LLC
Mls Name: GLARMLS
Mls ID: #1702067