1109 Lehigh AveLouisvilleKY40215
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
Rental property for sale in Louisville at 1109 Lehigh Ave, Louisville, KY, 40215 priced at $150,000 pairs $1,201/mo rent with $288/mo cash flow after a $734/mo payment. Total monthly income equals $1,201/mo, and annual cash flow comes to $3,459/yr on $49,725 invested. Return on cash invested is 26.87% in year one, and rental yield stands at 9.61% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 140.1% and total cumulative return in cash reaches $69,666. For financing, Ziffy Mortgage’s DSCR program evaluates $1,201/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1941
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40215, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,693 (100%) |
| Owner Occupied HU | 3,758 (38.8%) |
| Renter Occupied HU | 4,680 (48.3%) |
| Vacant Housing Units | 1,255 (12.9%) |
| Median Home Value | $112,450 |
| Average Home Value | $187,142 |
Housing Distribution
Address Breakdown
Residential
9,174
Single Family
8,590
Multi-Family
584
Businesses
308
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Austin Oldham • PENNINGTON PROPERTIES
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK25001048
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.