1846 Washington BlvdLouisvilleKY40242
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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 1846 Washington Blvd, Louisville, KY, 40242 listed at $406,880 pairs $2,340/mo rent with a $1,991/mo payment. Total monthly income runs $2,340/mo. Return on cash invested measures 17.81% in year one, and rental yield registers 6.9% at a $406,880 basis. Equity gained on principal adds $2,626/yr, and annual property appreciation at 5% supports $112,413 by year five. Five-year ROI tracks 91.8% and total cumulative return in cash totals $123,820. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,340/mo property income relative to a $1,991/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.31 Acres lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40242, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,845 (100%) |
| Owner Occupied HU | 3,167 (65.4%) |
| Renter Occupied HU | 1,400 (28.9%) |
| Vacant Housing Units | 278 ( 5.7%) |
| Median Home Value | $321,517 |
| Average Home Value | $332,004 |
Housing Distribution
Address Breakdown
Residential
4,805
Single Family
4,204
Multi-Family
601
Businesses
116
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Listed by: Raeleen Simpson • USellis Realty Incorporated
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1684833
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