8506 Atrium Dr APT 1007LouisvilleKY40220
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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 8506 Atrium Dr APT 1007, Louisville, KY, 40220 listed at $176,500 pairs $1,853/mo rent with a $864/mo payment to leave $429/mo cash flow. Total monthly income runs $1,853/mo, and annual cash flow reaches $5,151/yr on $58,510 cash to close. Return on cash invested measures 28.71% in year one, and rental yield registers 12.6% at a $176,500 basis. Equity gained on principal adds $1,139/yr, and annual property appreciation at 5% supports $48,764 by year five. Five-year ROI tracks 152.57% and total cumulative return in cash totals $89,266. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,853/mo property income relative to a $864/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1998
N/A lot
$N/A/sqft
$4,193 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40220, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,103 (100%) |
| Owner Occupied HU | 9,534 (59.2%) |
| Renter Occupied HU | 5,515 (34.2%) |
| Vacant Housing Units | 1,054 ( 6.5%) |
| Median Home Value | $259,893 |
| Average Home Value | $287,329 |
Housing Distribution
Address Breakdown
Residential
15,639
Single Family
12,305
Multi-Family
3,334
Businesses
603
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Listed by: Cherrie Xu • Sunny Realty LLC
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1669679
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