8803 Amaranth DrLouisvilleKY40228
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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 8803 Amaranth Dr, Louisville, KY, 40228 generates $2,940/mo in rent and, after a $1,820/mo payment, leaves $677/mo in cash flow. Total monthly income is $2,940/mo, and annual cash flow is $8,123/yr on $123,258 invested. Return on cash invested sits at 26.5% in year one, and rental yield is 9.49% on a $371,820 entry. Equity gained on principal adds $2,399/yr, while 5% annual appreciation builds toward $102,727 over five years. Five-year ROI reaches 138.04% and total cumulative return in cash sums $170,148. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,940/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
8,276 sqft 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: Douglas Schneider • USellis Realty Incorporated
Mls Name: GLARMLS
Mls ID: #1693661