7220 Oakburn DrLouisvilleKY40258
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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 7220 Oakburn Dr, Louisville, KY, 40258 uses $135,252 cash to close to unlock $7,402/yr annual cash flow and $617/mo monthly cash flow. Total monthly income runs $3,100/mo, and a $1,997/mo payment keeps the spread at $617/mo. Purchase price stands at $408,000, and rental yield measures 9.12% with $3,100/mo rent. Return on cash invested shows 25.38% in year one, and 5% annual appreciation builds toward $112,723 over five years. Five-year ROI reaches 132.04% and total cumulative return in cash records $178,591. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,100/mo property income covering a $1,997/mo payment rather than investor’s personal income.
Single Family
Built in 2012
10,018 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
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Listed by: Chadonia Smith • Eternal, LLC
Mls Name: GLARMLS
Mls ID: #1705773