Washington Plan, Creekside CommonsLouisvilleKY40299
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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 Washington Plan, Creekside Commons, Louisville, KY, 40299 with 5% annual appreciation on a $608,400 basis while $3,746/mo rent supports operations. Total monthly income totals $3,746/mo and a $2,978/mo payment preserves $43/mo for cash returns. Annual cash flow comes to $516/yr on $200,164 deployed, and return on cash invested reaches 20.32% in year one. Equity gained on principal adds $3,926/yr, and five-year appreciation sums $168,090 alongside rental yield of 7.39%. Five-year ROI measures 104.86% and total cumulative return in cash totals $209,889.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,746/mo property income versus a $2,978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A 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: N/A • Elite Homes
Mls Name: Elite Built Homes
Mls Provider:
Mls ID: #N/A