1737 Algonquin PkwyLouisvilleKY40210
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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 1737 Algonquin Pkwy, Louisville, KY, 40210 listed at $104,500 pairs $805/mo rent with a $511/mo payment to leave $169/mo cash flow. Total monthly income runs $805/mo, and annual cash flow reaches $2,034/yr on $34,642 cash to close. Return on cash invested measures 25.78% in year one, and rental yield registers 9.24% at a $104,500 basis. Equity gained on principal adds $674/yr, and annual property appreciation at 5% supports $28,871 by year five. Five-year ROI tracks 134.27% and total cumulative return in cash totals $46,513. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $805/mo property income relative to a $511/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1900
N/A 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: Tamika DeWalt • Noir Realty KY LLC
Mls Name: GLARMLS
Mls ID: #1696354