1855 Washington BlvdLouisvilleKY40242
Nearby investment properties with comparable rents
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
Total monthly income runs $2,340/mo, and a $2,117/mo payment. Purchase price stands at $432,610, and rental yield measures 6.49% with $2,340/mo rent. Return on cash invested shows 17.46% in year one, and 5% annual appreciation builds toward $119,522 over five years. Five-year ROI reaches 89.59% and total cumulative return in cash records $128,478. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,340/mo property income covering a $2,117/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Raeleen Simpson • USellis Realty Incorporated
Mls Name: GLARMLS
Mls ID: #1693880