711 Eastgate Village PlLouisvilleKY40223
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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 711 Eastgate Village Pl, Louisville, KY, 40223 at $370,000 posts ROI 26.25% with $648/mo cash flow from $2,905/mo rent. Total monthly income equals $2,905/mo, and annual cash flow records $7,777/yr on $122,655 to close. Return on cash invested measures 26.25% and rental yield reads 9.42% at the current $370,000. Equity gained on principal adds $2,388/yr, and 5% annual appreciation supports $102,224 by year five. Five-year ROI prints 136.77% and total cumulative return in cash totals $167,753.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,905/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
9,147 sqft lot
$N/A/sqft
$60 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40223, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,146 (100%) |
| Owner Occupied HU | 6,920 (62.1%) |
| Renter Occupied HU | 3,358 (30.1%) |
| Vacant Housing Units | 868 ( 7.8%) |
| Median Home Value | $363,815 |
| Average Home Value | $409,810 |
Housing Distribution
Address Breakdown
Residential
11,122
Single Family
9,982
Multi-Family
1,140
Businesses
1,373
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Listed by: Kyle Roth • EXP Realty LLC
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1683847
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