Mitchell Plan, Lyndon GreenLouisvilleKY40242
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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 Mitchell Plan, Lyndon Green, Louisville, KY, 40242 offers $3,522/mo rent that, after a $1,992/mo payment, leaves $1,045/mo cash flow. Total monthly income is $3,522/mo, and annual cash flow is $12,540/yr on $134,917 cash. Return on cash invested measures 29.2% in year one, and rental yield stands at 10.38% at a $406,990 entry. Equity gained on principal adds $2,626/yr while 5% annual appreciation compounds into $112,444 by year five. Five-year ROI records 152.54% and total cumulative return in cash reaches $205,802. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,522/mo property income versus a $1,992/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A 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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Listed by: N/A • Centex Homes
Mls Name: Centex
Mls Provider:
Mls ID: #N/A