10611 Riva RdLouisvilleKY40223
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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 10611 Riva Rd, Louisville, KY, 40223 earns from $2,795/mo rent with a $2,349/mo payment. Total monthly income totals $2,795/mo. ROI tracks 18.96% on current figures, and rental yield reads 6.99% at a $479,900 purchase. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,588 over five years. Five-year ROI reaches 97.64% and total cumulative return in cash sums $155,325. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,795/mo property income instead of your personal income.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40223, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,146 (100%) |
| Owner Occupied HU | 6,920 (62.1%) |
| Renter Occupied HU | 3,358 (30.1%) |
| Vacant Housing Units | 868 ( 7.8%) |
| Median Home Value | $363,815 |
| Average Home Value | $409,810 |
Housing Distribution
Address Breakdown
Residential
11,122
Single Family
9,982
Multi-Family
1,140
Businesses
1,373
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Listed by: Alexandria D Grayson • Re/Max Five Star Properties
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1702866
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