6900 James Madison 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
Rental property for sale in Louisville at 6900 James Madison Way, Louisville, KY, 40272 generates $1,547/mo in rent and, after a $954/mo payment, leaves $361/mo in cash flow. Total monthly income is $1,547/mo, and annual cash flow is $4,327/yr on $64,643 invested. Return on cash invested sits at 26.6% in year one, and rental yield is 9.52% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 138.61% and total cumulative return in cash sums $89,602. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,547/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
10,454 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: George Green • Green Team Real Estate Services
Mls Name: GLARMLS
Mls ID: #1700008