9003 Thelma LnLouisvilleKY40220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 9003 Thelma Ln, Louisville, KY, 40220 earns $179/mo cash flow from $1,973/mo rent with a $1,443/mo payment. Total monthly income totals $1,973/mo, and annual cash flow totals $2,143/yr on $97,759 capital. ROI tracks 22.1% on current figures, and rental yield reads 8.03% at a $294,900 purchase. Equity gained on principal adds $1,903/yr, and 5% annual appreciation supports $81,475 over five years. Five-year ROI reaches 114.48% and total cumulative return in cash sums $111,919. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,973/mo property income instead of your personal income.
Single Family
Built in 1980
8,712 sqft lot
$N/A/sqft
No 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: Courtney McDonald • Lopp Real Estate
Mls Name: GLARMLS
Mls ID: #1699190