8207 Damascus Cir APT D1LouisvilleKY40228
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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 8207 Damascus Cir APT D1, Louisville, KY, 40228 earns $456/mo cash flow from $1,423/mo rent with a $778/mo payment. Total monthly income totals $1,423/mo, and annual cash flow totals $5,466/yr on $52,709 capital. ROI tracks 30.28% on current figures, and rental yield reads 10.74% at a $159,000 purchase. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 over five years. Five-year ROI reaches 158.36% and total cumulative return in cash sums $83,472. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,423/mo property income instead of your personal income.
Condo
Built in 1978
N/A 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: Jennifer Schwartz • United Real Estate Louisville
Mls Name: GLARMLS
Mls ID: #1704869