1400 Homeview Dr, Louisville, KY 40215 | MLS# 1705826

Description

Excellent opportunity to acquire a cash-flowing single-family rental with a long-term tenant in place and built-in rent growth potential. This property has been occupied by the same tenant for over 5 years, providing stability and consistent income.

The home is currently rented through Section 8 at $1,397/month, with payments reliably supported by the Housing Authority. Under current guidelines, a new owner would be eligible to apply for FY26 Section 8 rent increases, with projected rents up to approximately $1,900/month, subject to Housing Authority approval and inspection.

The property offers a functional layout, solid condition, and low turnover history, making it an ideal buy-and-hold investment for investors seeking dependable income with upside.