7311 Saint Andrews Woods Cir UNIT 108LouisvilleKY40214
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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
Rental property for sale in Louisville at 7311 Saint Andrews Woods Cir UNIT 108, Louisville, KY, 40214 generates $1,142/mo in rent and, after a $719/mo payment, leaves $248/mo in cash flow. Total monthly income is $1,142/mo, and annual cash flow is $2,974/yr on $48,731 invested. Return on cash invested sits at 26.01% in year one, and rental yield is 9.32% on a $147,000 entry. Equity gained on principal adds $949/yr, while 5% annual appreciation builds toward $40,613 over five years. Five-year ROI reaches 135.41% and total cumulative return in cash sums $65,988. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,142/mo property income rather than buyer’s personal income.
Condo
Built in 2009
N/A 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: Michelle L Hatfield • Schuler Bauer Real Estate Services ERA Powered
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1690517
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