7605 Nottoway CirLouisvilleKY40214
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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 7605 Nottoway Cir, Louisville, KY, 40214 earns $39/mo cash flow from $2,352/mo rent with a $1,860/mo payment. Total monthly income totals $2,352/mo, and annual cash flow totals $470/yr on $125,970 capital. ROI tracks 20.28% on current figures, and rental yield reads 7.43% at a $380,000 purchase. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 over five years. Five-year ROI reaches 104.74% and total cumulative return in cash sums $131,941. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,352/mo property income instead of your personal income.
Single Family
Built in 1985
0.32 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: Kim L Reichmuth • Louisville Market Realtors
Mls Name: GLARMLS
Mls ID: #1692846