LOT 70 Happy Jack WayLouisvilleKY40299
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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 LOT 70 Happy Jack Way, Louisville, KY, 40299 offers $3,226/mo rent that, after a $2,985/mo payment. Total monthly income is $3,226/mo. Return on cash invested measures 17.16% in year one, and rental yield stands at 6.35% at a $609,900 entry. Equity gained on principal adds $3,936/yr while 5% annual appreciation compounds into $168,504 by year five. Five-year ROI records 87.92% and total cumulative return in cash reaches $176,424. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,226/mo property income versus a $2,985/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
7,405 sqft 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: Paula T Thieneman-Bates • Louisville Realty Group
Mls Name: GLARMLS
Mls ID: #1706851