9909 Back Run RdLouisvilleKY40299
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 9909 Back Run Rd, Louisville, KY, 40299 offers a 9.13% rental yield on a $299,000 purchase with $2,275/mo rent. Total monthly income registers $2,275/mo, and a $1,463/mo payment leaves $456/mo available for distribution. Annual cash flow reaches $5,468/yr on $99,119 to close, and return on cash invested stands at 25.43% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 132.3% and total cumulative return in cash at $131,134. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,275/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
3.02 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alyssa Graham • United Real Estate Louisville
Mls Name: GLARMLS
Mls ID: #1699351