1815 Fust AveLouisvilleKY40216
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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 1815 Fust Ave, Louisville, KY, 40216 with 5% annual appreciation on a $122,000 basis while $952/mo rent supports operations. Total monthly income totals $952/mo and a $597/mo payment preserves $210/mo for cash returns. Annual cash flow comes to $2,515/yr on $40,443 deployed, and return on cash invested reaches 26.13% in year one. Equity gained on principal adds $787/yr, and five-year appreciation sums $33,706 alongside rental yield of 9.36%. Five-year ROI measures 136.07% and total cumulative return in cash totals $55,031.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $952/mo property income versus a $597/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1949
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40216, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,542 (100%) |
| Owner Occupied HU | 10,986 (59.2%) |
| Renter Occupied HU | 6,272 (33.8%) |
| Vacant Housing Units | 1,284 ( 6.9%) |
| Median Home Value | $180,204 |
| Average Home Value | $262,204 |
Housing Distribution
Address Breakdown
Residential
18,869
Single Family
16,977
Multi-Family
1,892
Businesses
930
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Listed by: Charlsie Fulmore • THINK Real Estate LLC
Mls Name: GLARMLS
Mls ID: #1701278