7608 Smyrna RdLouisvilleKY40228
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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 7608 Smyrna Rd, Louisville, KY, 40228 with 5% annual appreciation on a $260,000 basis while $2,476/mo rent supports operations. Total monthly income totals $2,476/mo and a $1,273/mo payment preserves $893/mo for cash returns. Annual cash flow comes to $10,718/yr on $86,190 deployed, and return on cash invested reaches 32.34% in year one. Equity gained on principal adds $1,678/yr, and five-year appreciation sums $71,833 alongside rental yield of 11.43%. Five-year ROI measures 169.43% and total cumulative return in cash totals $146,033.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,476/mo property income versus a $1,273/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
0.27 Acres 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
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Listed by: Carrie King • Homepage Realty
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1686772
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