1867 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 1867 Washington Blvd, Louisville, KY, 40242 earns $85/mo cash flow from $2,902/mo rent with a $2,265/mo payment. Total monthly income totals $2,902/mo, and annual cash flow totals $1,026/yr on $153,422 capital. ROI tracks 20.58% on current figures, and rental yield reads 7.52% at a $462,810 purchase. Equity gained on principal adds $2,986/yr, and 5% annual appreciation supports $127,866 over five years. Five-year ROI reaches 106.3% and total cumulative return in cash sums $163,088. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,902/mo property income instead of your personal income.
Single Family
Built in N/A
6,534 sqft 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
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Listed by: Raeleen Simpson • USellis Realty Incorporated
Mls Name: GLARMLS
Mls ID: #1700648