8907 Lakeridge DrLouisvilleKY40272
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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 8907 Lakeridge Dr, Louisville, KY, 40272 offers $2,970/mo rent that, after a $1,584/mo payment, leaves $1,000/mo cash flow. Total monthly income is $2,970/mo, and annual cash flow is $12,003/yr on $107,307 cash. Return on cash invested measures 31.09% in year one, and rental yield stands at 11.01% at a $323,700 entry. Equity gained on principal adds $2,089/yr while 5% annual appreciation compounds into $89,432 by year five. Five-year ROI records 162.72% and total cumulative return in cash reaches $174,613. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,970/mo property income versus a $1,584/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40272, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,140 (100%) |
| Owner Occupied HU | 10,670 (66.1%) |
| Renter Occupied HU | 4,203 (26.0%) |
| Vacant Housing Units | 1,267 ( 7.9%) |
| Median Home Value | $218,167 |
| Average Home Value | $275,954 |
Housing Distribution
Address Breakdown
Residential
15,885
Single Family
15,029
Multi-Family
856
Businesses
460
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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