8504 Standing Oak DrLouisvilleKY40258
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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 8504 Standing Oak Dr, Louisville, KY, 40258 priced at $400,000 pairs $1,550/mo rent with after a $1,958/mo payment. Total monthly income equals $1,550/mo. Return on cash invested is 11.9% in year one, and rental yield stands at 4.65% on a $400,000 basis. Equity gained on principal adds $2,581/yr, and 5% annual appreciation accumulates to $110,513 by year five. Five-year ROI measures 59.79% and total cumulative return in cash reaches $79,288. For financing, Ziffy Mortgage’s DSCR program evaluates $1,550/mo property income against a $1,958/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1980
0.24 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40258, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,587 (100%) |
| Owner Occupied HU | 8,000 (69.0%) |
| Renter Occupied HU | 2,823 (24.4%) |
| Vacant Housing Units | 764 ( 6.6%) |
| Median Home Value | $190,738 |
| Average Home Value | $229,760 |
Housing Distribution
Address Breakdown
Residential
11,254
Single Family
10,720
Multi-Family
534
Businesses
463
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Listed by: Darlene K Hirth • Exit Realty Crutcher
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1663586
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