210 W Lansing AveLouisvilleKY40214
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
Investment property for sale in Louisville at 210 W Lansing Ave, Louisville, KY, 40214 earns from $1,490/mo rent with a $2,056/mo payment. Total monthly income totals $1,490/mo. ROI tracks 10.72% on current figures, and rental yield reads 4.26% at a $420,000 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 over five years. Five-year ROI reaches 53.42% and total cumulative return in cash sums $74,383. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,490/mo property income instead of your personal income.
Apartment
Built in 1958
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40214, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,229 (100%) |
| Owner Occupied HU | 10,411 (51.5%) |
| Renter Occupied HU | 8,079 (39.9%) |
| Vacant Housing Units | 1,739 ( 8.6%) |
| Median Home Value | $217,200 |
| Average Home Value | $266,231 |
Housing Distribution
Address Breakdown
Residential
19,448
Single Family
16,703
Multi-Family
2,745
Businesses
857
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kellie Burton • Homepage Realty
Mls Name: GLARMLS
Mls ID: #1707959