7203 Kosene CtLouisvilleKY40258
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 7203 Kosene Ct, Louisville, KY, 40258 offers a 8.75% rental yield on a $270,000 purchase with $1,969/mo rent. Total monthly income registers $1,969/mo, and a $1,322/mo payment leaves $325/mo available for distribution. Annual cash flow reaches $3,903/yr on $89,505 to close, and return on cash invested stands at 24.27% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 126.12% and total cumulative return in cash at $112,885. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,969/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40258, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,587 (100%) |
| Owner Occupied HU | 8,000 (69.0%) |
| Renter Occupied HU | 2,823 (24.4%) |
| Vacant Housing Units | 764 ( 6.6%) |
| Median Home Value | $190,738 |
| Average Home Value | $229,760 |
Housing Distribution
Address Breakdown
Residential
11,254
Single Family
10,720
Multi-Family
534
Businesses
463
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen L Moreland • Homepage Realty
Mls Name: GLARMLS
Mls ID: #1704417