7209 Briscoe Vista WayLouisvilleKY40228
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 7209 Briscoe Vista Way, Louisville, KY, 40228 offers a 10.67% rental yield on a $199,900 purchase with $1,778/mo rent. Total monthly income registers $1,778/mo, and a $978/mo payment leaves $562/mo available for distribution. Annual cash flow reaches $6,741/yr on $66,267 to close, and return on cash invested stands at 30.08% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 157.26% and total cumulative return in cash at $104,209. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,778/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
1,306 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michele R Brooks • Brown Realty
Mls Name: GLARMLS
Mls ID: #1698834