1844 W Hill StLouisvilleKY40210
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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 1844 W Hill St, Louisville, KY, 40210 earns from $755/mo rent with a $1,052/mo payment. Total monthly income totals $755/mo. ROI tracks 10.59% on current figures, and rental yield reads 4.21% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 52.75% and total cumulative return in cash sums $37,597. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $755/mo property income instead of your personal income.
Single Family
Built in 1915
4,356 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: Diamond A Alexander • Diamond Key REALTORS
Mls Name: GLARMLS
Mls ID: #1693983