7209 Old North Church RdLouisvilleKY40214
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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
Investment property for sale in Louisville at 7209 Old North Church Rd, Louisville, KY, 40214 earns $344/mo cash flow from $2,351/mo rent with a $1,614/mo payment. Total monthly income totals $2,351/mo, and annual cash flow totals $4,128/yr on $109,329 capital. ROI tracks 23.68% on current figures, and rental yield reads 8.55% at a $329,800 purchase. Equity gained on principal adds $2,128/yr, and 5% annual appreciation supports $91,118 over five years. Five-year ROI reaches 122.94% and total cumulative return in cash sums $134,408. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,351/mo property income instead of your personal income.
Single Family
Built in 1985
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40214, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,229 (100%) |
| Owner Occupied HU | 10,411 (51.5%) |
| Renter Occupied HU | 8,079 (39.9%) |
| Vacant Housing Units | 1,739 ( 8.6%) |
| Median Home Value | $217,200 |
| Average Home Value | $266,231 |
Housing Distribution
Address Breakdown
Residential
19,448
Single Family
16,703
Multi-Family
2,745
Businesses
857
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Listed by: Daniel Pierce • EXP Realty LLC
Mls Name: GLARMLS
Mls ID: #1705899