6703 North DrLouisvilleKY40272
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 6703 North Dr, Louisville, KY, 40272 in Louisville. At $382,500 it earns $2,975/mo in rent and distributes $647/mo to the owner after the $1,720/mo payment, a consistent 9.33% yield. DSCR 1.73 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $105,678 in value; $3,523/yr in principal paydown compounds ownership stake. Total projected return: $186,539.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.2% |
| Monthly Cash Flow | $647 | $450 |
City averages based on Louisville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,975 |
| Total Monthly Debt Service | $2,176 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2009
0.26 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2009
0.26 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Crystal J Roberts • Knob & Key Realty, LLC
Mls Name: GLARMLS
Mls ID: #1700616