1513 La Fontenay CtLouisvilleKY40223
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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 1513 La Fontenay Ct, Louisville, KY, 40223 at $141,500 posts ROI 26.01% with $238/mo cash flow from $1,100/mo rent. Total monthly income equals $1,100/mo, and annual cash flow records $2,861/yr on $46,907 to close. Return on cash invested measures 26.01% and rental yield reads 9.33% at the current $141,500. Equity gained on principal adds $913/yr, and 5% annual appreciation supports $39,094 by year five. Five-year ROI prints 135.49% and total cumulative return in cash totals $63,553.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,100/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1971
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: Praveen Katta • First Realty, LLC
Mls Name: GLARMLS
Mls ID: #1686858