809 Foxfire DrLouisvilleKY40223
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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 809 Foxfire Dr, Louisville, KY, 40223 priced at $525,000 converts $3,692/mo rent into $496/mo cash flow after a $2,570/mo obligation. Total monthly income equals $3,692/mo, and annual cash flow totals $5,956/yr on $172,725 invested. Return on cash invested prints 23.51% in year one, and rental yield reads 8.44% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 121.99% and total cumulative return in cash sums $210,705. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,692/mo property income covering a $2,570/mo payment, not borrower’s personal income.
Single Family
Built in 1988
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40223, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,146 (100%) |
| Owner Occupied HU | 6,920 (62.1%) |
| Renter Occupied HU | 3,358 (30.1%) |
| Vacant Housing Units | 868 ( 7.8%) |
| Median Home Value | $363,815 |
| Average Home Value | $409,810 |
Housing Distribution
Address Breakdown
Residential
11,122
Single Family
9,982
Multi-Family
1,140
Businesses
1,373
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Listed by: Carrie King • Homepage Realty
Mls Name: GLARMLS
Mls ID: #1699854