1210 E Kentucky StLouisvilleKY40204
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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 1210 E Kentucky St, Louisville, KY, 40204 at $308,900 posts ROI 20.19% with $24/mo cash flow from $1,904/mo rent. Total monthly income equals $1,904/mo, and annual cash flow records $287/yr on $102,400 to close. Return on cash invested measures 20.19% and rental yield reads 7.4% at the current $308,900. Equity gained on principal adds $1,993/yr, and 5% annual appreciation supports $85,343 by year five. Five-year ROI prints 104.21% and total cumulative return in cash totals $106,714.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,904/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1921
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40204, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,122 (100%) |
| Owner Occupied HU | 3,870 (42.4%) |
| Renter Occupied HU | 4,128 (45.3%) |
| Vacant Housing Units | 1,124 (12.3%) |
| Median Home Value | $375,121 |
| Average Home Value | $429,399 |
Housing Distribution
Address Breakdown
Residential
8,062
Single Family
6,413
Multi-Family
1,649
Businesses
828
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Listed by: Cameron J Renneisen • Julie Pogue Properties
Mls Name: GLARMLS
Mls ID: #1707787