184 1/2 State StLouisvilleKY40206
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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 184 1/2 State St, Louisville, KY, 40206 earns $209/mo cash flow from $2,455/mo rent with a $1,806/mo payment. Total monthly income totals $2,455/mo, and annual cash flow totals $2,511/yr on $122,324 capital. ROI tracks 21.96% on current figures, and rental yield reads 7.98% at a $369,000 purchase. Equity gained on principal adds $2,381/yr, and 5% annual appreciation supports $101,948 over five years. Five-year ROI reaches 113.74% and total cumulative return in cash sums $139,131. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,455/mo property income instead of your personal income.
Single Family
Built in 1900
5,084 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40206, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,360 (100%) |
| Owner Occupied HU | 5,103 (44.9%) |
| Renter Occupied HU | 5,045 (44.4%) |
| Vacant Housing Units | 1,212 (10.7%) |
| Median Home Value | $384,167 |
| Average Home Value | $449,727 |
Housing Distribution
Address Breakdown
Residential
11,253
Single Family
7,768
Multi-Family
3,485
Businesses
1,013
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Listed by: Jonathan D Klunk • EXP Realty LLC
Mls Name: GLARMLS
Mls ID: #1696324