1418 Catalpa St #2LouisvilleKY40211
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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 1418 Catalpa St #2, Louisville, KY, 40211 earns $454/mo cash flow from $1,276/mo rent with a $661/mo payment. Total monthly income totals $1,276/mo, and annual cash flow totals $5,449/yr on $44,753 capital. ROI tracks 32.09% on current figures, and rental yield reads 11.34% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 168.13% and total cumulative return in cash sums $75,241. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,276/mo property income instead of your personal income.
Multi Family
Built in 1900
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40211, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,561 (100%) |
| Owner Occupied HU | 3,874 (36.7%) |
| Renter Occupied HU | 4,802 (45.5%) |
| Vacant Housing Units | 1,885 (17.8%) |
| Median Home Value | $100,831 |
| Average Home Value | $221,276 |
Housing Distribution
Address Breakdown
Residential
9,321
Single Family
8,580
Multi-Family
741
Businesses
525
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Listed by: Sharon Y Gazaway-Bell • BellMan Realty LLC
Mls Name: GLARMLS
Mls ID: #1696483