1312 Pollitt CtLouisvilleKY40223
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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 1312 Pollitt Ct, Louisville, KY, 40223 uses $152,490 cash to close to unlock $6,370/yr annual cash flow and $531/mo monthly cash flow. Total monthly income runs $3,330/mo, and a $2,251/mo payment keeps the spread at $531/mo. Purchase price stands at $460,000, and rental yield measures 8.69% with $3,330/mo rent. Return on cash invested shows 24.09% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 125.1% and total cumulative return in cash records $190,765. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,330/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Single Family
Built in 1974
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: Derek Eisenberg • Continental Real Estate Group, Inc.
Mls Name: NY State MLS
Mls ID: #11491195