1310 Howard StLouisvilleKY40213
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 1310 Howard St, Louisville, KY, 40213 priced at $135,500 converts $1,601/mo rent into $777/mo cash flow after a $663/mo obligation. Total monthly income equals $1,601/mo, and annual cash flow totals $9,318/yr on $44,918 invested. Return on cash invested prints 40.65% in year one, and rental yield reads 14.18% against a $135,500 entry. Equity gained on principal adds $874/yr, while 5% annual appreciation compiles into $37,436 by year five. Five-year ROI reaches 213.99% and total cumulative return in cash sums $96,122. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,601/mo property income covering a $663/mo payment, not borrower’s personal income.
Single Family
Built in 1960
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40213, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,522 (100%) |
| Owner Occupied HU | 4,211 (56.0%) |
| Renter Occupied HU | 2,733 (36.3%) |
| Vacant Housing Units | 578 ( 7.7%) |
| Median Home Value | $204,545 |
| Average Home Value | $258,518 |
Housing Distribution
Address Breakdown
Residential
7,568
Single Family
7,172
Multi-Family
396
Businesses
863
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Nearby investment properties with comparable prices
Listed by: Ashley Combs • Ramey And Associates, Inc.
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1686821
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