7009 Echo TrlLouisvilleKY40299
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
Investment Highlights
Investment property for sale in Louisville at 7009 Echo Trl, Louisville, KY, 40299 earns $111/mo cash flow from $2,393/mo rent with a $1,835/mo payment. Total monthly income totals $2,393/mo, and annual cash flow totals $1,335/yr on $124,279 capital. ROI tracks 20.98% on current figures, and rental yield reads 7.66% at a $374,900 purchase. Equity gained on principal adds $2,419/yr, and 5% annual appreciation supports $103,578 over five years. Five-year ROI reaches 108.49% and total cumulative return in cash sums $134,827. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,393/mo property income instead of your personal income.
Single Family
Built in 1935
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40299, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,393 (100%) |
| Owner Occupied HU | 13,111 (71.3%) |
| Renter Occupied HU | 4,380 (23.8%) |
| Vacant Housing Units | 902 ( 4.9%) |
| Median Home Value | $321,716 |
| Average Home Value | $359,747 |
Housing Distribution
Address Breakdown
Residential
19,378
Single Family
17,249
Multi-Family
2,129
Businesses
1,730
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vicky Kamousi • Metro Realty
Mls Name: GLARMLS
Mls ID: #1701448