137 N 39th StLouisvilleKY40212
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
Investment property for sale in Louisville at 137 N 39th St, Louisville, KY, 40212 listed at $138,900 pairs $1,080/mo rent with a $680/mo payment to leave $234/mo cash flow. Total monthly income runs $1,080/mo, and annual cash flow reaches $2,814/yr on $46,045 cash to close. Return on cash invested measures 26.02% in year one, and rental yield registers 9.33% at a $138,900 basis. Equity gained on principal adds $896/yr, and annual property appreciation at 5% supports $38,376 by year five. Five-year ROI tracks 135.52% and total cumulative return in cash totals $62,401. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,080/mo property income relative to a $680/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40212, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,732 (100%) |
| Owner Occupied HU | 2,914 (37.7%) |
| Renter Occupied HU | 3,509 (45.4%) |
| Vacant Housing Units | 1,309 (16.9%) |
| Median Home Value | $82,928 |
| Average Home Value | $188,089 |
Housing Distribution
Address Breakdown
Residential
6,963
Single Family
6,709
Multi-Family
254
Businesses
262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ty'Shawn G Brooks • United Real Estate Louisville
Mls Name: GLARMLS
Mls ID: #1705322