6508 Green Manor DrLouisvilleKY40228
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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 6508 Green Manor Dr, Louisville, KY, 40228 offers a 9.89% rental yield on a $270,000 purchase with $2,225/mo rent. Total monthly income registers $2,225/mo, and a $1,322/mo payment leaves $581/mo available for distribution. Annual cash flow reaches $6,975/yr on $89,505 to close, and return on cash invested stands at 27.7% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 144.53% and total cumulative return in cash at $129,361. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,225/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40228, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,797 (100%) |
| Owner Occupied HU | 6,015 (68.4%) |
| Renter Occupied HU | 2,430 (27.6%) |
| Vacant Housing Units | 352 ( 4.0%) |
| Median Home Value | $267,381 |
| Average Home Value | $286,167 |
Housing Distribution
Address Breakdown
Residential
8,368
Single Family
8,108
Multi-Family
260
Businesses
343
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