8706 Wisdom LnLouisvilleKY40229
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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 8706 Wisdom Ln, Louisville, KY, 40229 earns $255/mo cash flow from $1,990/mo rent with a $1,395/mo payment. Total monthly income totals $1,990/mo, and annual cash flow totals $3,064/yr on $94,478 capital. ROI tracks 23.15% on current figures, and rental yield reads 8.38% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 120.14% and total cumulative return in cash sums $113,502. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,990/mo property income instead of your personal income.
Single Family
Built in 2000
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40229, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,375 (100%) |
| Owner Occupied HU | 11,761 (71.8%) |
| Renter Occupied HU | 3,876 (23.7%) |
| Vacant Housing Units | 738 ( 4.5%) |
| Median Home Value | $229,194 |
| Average Home Value | $262,554 |
Housing Distribution
Address Breakdown
Residential
16,506
Single Family
15,554
Multi-Family
952
Businesses
430
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Listed by: Kevin Peak • MINT Real Estate Group
Mls Name: GLARMLS
Mls ID: #1705978