9203 Wilson AveLyndonKY40242
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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 Lyndon at 9203 Wilson Ave, Lyndon, KY, 40242 uses $74,554 cash to close to unlock $3,516/yr annual cash flow and $293/mo monthly cash flow. Total monthly income runs $1,662/mo, and a $1,101/mo payment keeps the spread at $293/mo. Purchase price stands at $224,900, and rental yield measures 8.87% with $1,662/mo rent. Return on cash invested shows 24.62% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 127.98% and total cumulative return in cash records $95,413. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,662/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1962
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40242, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,845 (100%) |
| Owner Occupied HU | 3,167 (65.4%) |
| Renter Occupied HU | 1,400 (28.9%) |
| Vacant Housing Units | 278 ( 5.7%) |
| Median Home Value | $321,517 |
| Average Home Value | $332,004 |
Housing Distribution
Address Breakdown
Residential
4,805
Single Family
4,204
Multi-Family
601
Businesses
116
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