7025 Alma June WayLouisvilleKY40228
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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 7025 Alma June Way, Louisville, KY, 40228 generates $2,692/mo in rent and, after a $1,542/mo payment, leaves $775/mo in cash flow. Total monthly income is $2,692/mo, and annual cash flow is $9,295/yr on $104,423 invested. Return on cash invested sits at 28.81% in year one, and rental yield is 10.26% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 150.46% and total cumulative return in cash sums $157,109. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,692/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
6,969 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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Listed by: Tiffany Welsh • Homepage Realty
Mls Name: GLARMLS
Mls ID: #1704651