1628 Dumesnil StLouisvilleKY40210
Nearby investment properties with comparable rents
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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
Rental property for sale in Louisville at 1628 Dumesnil St, Louisville, KY, 40210 priced at $135,000 converts $1,083/mo rent into $261/mo cash flow after a $661/mo obligation. Total monthly income equals $1,083/mo, and annual cash flow totals $3,133/yr on $44,753 invested. Return on cash invested prints 26.91% in year one, and rental yield reads 9.63% against a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation compiles into $37,298 by year five. Five-year ROI reaches 140.37% and total cumulative return in cash sums $62,821. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,083/mo property income covering a $661/mo payment, not borrower’s personal income.
Single Family
Built in 1900
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40210, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,843 (100%) |
| Owner Occupied HU | 2,356 (34.4%) |
| Renter Occupied HU | 3,182 (46.5%) |
| Vacant Housing Units | 1,305 (19.1%) |
| Median Home Value | $83,789 |
| Average Home Value | $153,160 |
Housing Distribution
Address Breakdown
Residential
6,311
Single Family
5,773
Multi-Family
538
Businesses
319
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Listed by: Ty'Shawn G Brooks • United Real Estate Louisville
Mls Name: GLARMLS
Mls ID: #1699948