8312 Fairmount RdLouisvilleKY40291
Nearby investment properties with comparable rents
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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 8312 Fairmount Rd, Louisville, KY, 40291 offers $2,174/mo rent that, after a $1,632/mo payment. Total monthly income is $2,174/mo. Return on cash invested measures 19.58% in year one, and rental yield stands at 7.82% at a $333,440 entry. Equity gained on principal adds $2,152/yr while 5% annual appreciation compounds into $92,123 by year five. Five-year ROI records 101.64% and total cumulative return in cash reaches $112,343. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,174/mo property income versus a $1,632/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,098 sqft lot
$N/A/sqft
$2,100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40291, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,491 (100%) |
| Owner Occupied HU | 12,581 (71.9%) |
| Renter Occupied HU | 3,939 (22.5%) |
| Vacant Housing Units | 971 ( 5.6%) |
| Median Home Value | $291,535 |
| Average Home Value | $322,862 |
Housing Distribution
Address Breakdown
Residential
17,713
Single Family
16,933
Multi-Family
780
Businesses
639
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Listed by: Douglas Schneider • USellis Realty Incorporated
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1679583
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