909 S Sherrin AveLouisvilleKY40207
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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 909 S Sherrin Ave, Louisville, KY, 40207 generates $2,754/mo in rent, after a $4,283/mo payment. Total monthly income is $2,754/mo. Return on cash invested sits at 9.34% in year one, and rental yield is 3.78% on a $875,000 entry. Equity gained on principal adds $5,646/yr, while 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 46% and total cumulative return in cash sums $132,419. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,754/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40207, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,099 (100%) |
| Owner Occupied HU | 9,726 (64.4%) |
| Renter Occupied HU | 3,985 (26.4%) |
| Vacant Housing Units | 1,388 ( 9.2%) |
| Median Home Value | $428,509 |
| Average Home Value | $495,697 |
Housing Distribution
Address Breakdown
Residential
14,852
Single Family
11,585
Multi-Family
3,267
Businesses
1,702
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Listed by: Carrie King • Homepage Realty
Mls Name: GLARMLS
Mls ID: #1701105