1017 Ash StLouisvilleKY40217
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1017 Ash St, Louisville, KY, 40217 earns $225/mo cash flow from $2,172/mo rent with a $1,566/mo payment. Total monthly income totals $2,172/mo, and annual cash flow totals $2,696/yr on $106,080 capital. ROI tracks 22.45% on current figures, and rental yield reads 8.14% 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 116.34% and total cumulative return in cash sums $123,411. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,172/mo property income instead of your personal income.
Single Family
Built in 1915
5,460 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40217, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,046 (100%) |
| Owner Occupied HU | 3,581 (50.8%) |
| Renter Occupied HU | 2,834 (40.2%) |
| Vacant Housing Units | 631 ( 9.0%) |
| Median Home Value | $235,736 |
| Average Home Value | $252,444 |
Housing Distribution
Address Breakdown
Residential
6,241
Single Family
5,340
Multi-Family
901
Businesses
427
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Allison D Bartholomew • Weichert Realtors-ABG
Mls Name: GLARMLS
Mls ID: #1695198