7108 Wesboro RdLouisvilleKY40222
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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 7108 Wesboro Rd, Louisville, KY, 40222 generates $2,767/mo in rent and, after a $1,933/mo payment, leaves $363/mo in cash flow. Total monthly income is $2,767/mo, and annual cash flow is $4,361/yr on $130,909 invested. Return on cash invested sits at 23.24% in year one, and rental yield is 8.41% on a $394,900 entry. Equity gained on principal adds $2,548/yr, while 5% annual appreciation builds toward $109,104 over five years. Five-year ROI reaches 120.59% and total cumulative return in cash sums $157,859. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,767/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40222, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,747 (100%) |
| Owner Occupied HU | 6,400 (54.5%) |
| Renter Occupied HU | 4,377 (37.3%) |
| Vacant Housing Units | 970 ( 8.3%) |
| Median Home Value | $379,410 |
| Average Home Value | $472,615 |
Housing Distribution
Address Breakdown
Residential
11,380
Single Family
8,068
Multi-Family
3,312
Businesses
1,245
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Listed by: Thomas J Block • Forman, Jones & Associates REALTORS
Mls Name: GLARMLS
Mls ID: #1704434