7800 Glaser LnLouisvilleKY40228
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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 7800 Glaser Ln, Louisville, KY, 40228 generates $1,657/mo in rent and, after a $1,101/mo payment, leaves $288/mo in cash flow. Total monthly income is $1,657/mo, and annual cash flow is $3,454/yr on $74,588 invested. Return on cash invested sits at 24.54% in year one, and rental yield is 8.84% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 127.53% and total cumulative return in cash sums $95,121. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,657/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
10,018 sqft 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: Sarah Weber • Keller Williams Louisville East
Mls Name: GLARMLS
Mls ID: #1701349