8206 Vaughn Mill RdLouisvilleKY40228
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Nearby investment properties with comparable prices
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 8206 Vaughn Mill Rd, Louisville, KY, 40228 offers $1,530/mo rent that, after a $1,076/mo payment, leaves $192/mo cash flow. Total monthly income is $1,530/mo, and annual cash flow is $2,303/yr on $72,897 cash. Return on cash invested measures 23.07% in year one, and rental yield stands at 8.35% at a $219,900 entry. Equity gained on principal adds $1,419/yr while 5% annual appreciation compounds into $60,754 by year five. Five-year ROI records 119.65% and total cumulative return in cash reaches $87,220. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,530/mo property income versus a $1,076/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
6,969 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: Chuck Fugate • Compass Realtors, LLC
Mls Name: GLARMLS
Mls ID: #1705723