9416 Old Six Mile LnJeffersontownKY40299
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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 Jeffersontown at 9416 Old Six Mile Ln, Jeffersontown, KY, 40299 generates $1,549/mo in rent and, after a $954/mo payment, leaves $363/mo in cash flow. Total monthly income is $1,549/mo, and annual cash flow is $4,351/yr on $64,643 invested. Return on cash invested sits at 26.64% in year one, and rental yield is 9.53% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 138.82% and total cumulative return in cash sums $89,734. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,549/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40299, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,393 (100%) |
| Owner Occupied HU | 13,111 (71.3%) |
| Renter Occupied HU | 4,380 (23.8%) |
| Vacant Housing Units | 902 ( 4.9%) |
| Median Home Value | $321,716 |
| Average Home Value | $359,747 |
Housing Distribution
Address Breakdown
Residential
19,378
Single Family
17,249
Multi-Family
2,129
Businesses
1,730
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Listed by: Craig Thomas • RE/MAX Properties East
Mls Name: GLARMLS
Mls ID: #1694009