1013 Fenley AveLouisvilleKY40222
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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 1013 Fenley Ave, Louisville, KY, 40222 earns $533/mo cash flow from $2,480/mo rent with a $1,566/mo payment. Total monthly income totals $2,480/mo, and annual cash flow totals $6,392/yr on $106,080 capital. ROI tracks 25.93% on current figures, and rental yield reads 9.3% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 135.04% and total cumulative return in cash sums $143,247. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,480/mo property income instead of your personal income.
Single Family
Built in 1968
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40222, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,747 (100%) |
| Owner Occupied HU | 6,400 (54.5%) |
| Renter Occupied HU | 4,377 (37.3%) |
| Vacant Housing Units | 970 ( 8.3%) |
| Median Home Value | $379,410 |
| Average Home Value | $472,615 |
Housing Distribution
Address Breakdown
Residential
11,380
Single Family
8,068
Multi-Family
3,312
Businesses
1,245
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Listed by: Harry L Bush • Red Edge Realty
Mls Name: GLARMLS
Mls ID: #1694284