9502 Magnolia Ridge Dr UNIT 102LouisvilleKY40291
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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 Louisville at 9502 Magnolia Ridge Dr UNIT 102, Louisville, KY, 40291 earns $732/mo cash flow from $1,949/mo rent with a $979/mo payment. Total monthly income totals $1,949/mo, and annual cash flow totals $8,780/yr on $66,300 capital. ROI tracks 33.15% on current figures, and rental yield reads 11.69% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 173.75% and total cumulative return in cash sums $115,196. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,949/mo property income instead of your personal income.
Single Family
Built in 2004
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40291, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,491 (100%) |
| Owner Occupied HU | 12,581 (71.9%) |
| Renter Occupied HU | 3,939 (22.5%) |
| Vacant Housing Units | 971 ( 5.6%) |
| Median Home Value | $291,535 |
| Average Home Value | $322,862 |
Housing Distribution
Address Breakdown
Residential
17,713
Single Family
16,933
Multi-Family
780
Businesses
639
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Listed by: Jeremy Jackson • STONEGATE REALTY
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK25000462
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.