219 Middletown SqLouisvilleKY40243
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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 219 Middletown Sq, Louisville, KY, 40243 earns $209/mo cash flow from $970/mo rent with a $612/mo payment. Total monthly income totals $970/mo, and annual cash flow totals $2,508/yr on $41,438 capital. ROI tracks 25.96% on current figures, and rental yield reads 9.31% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 135.28% and total cumulative return in cash sums $56,057. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $970/mo property income instead of your personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40243, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,312 (100%) |
| Owner Occupied HU | 3,776 (59.8%) |
| Renter Occupied HU | 1,979 (31.4%) |
| Vacant Housing Units | 557 ( 8.8%) |
| Median Home Value | $350,139 |
| Average Home Value | $364,129 |
Housing Distribution
Address Breakdown
Residential
6,074
Single Family
4,932
Multi-Family
1,142
Businesses
692
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Listed by: Lucila De La Vega • Greater Louisville Homes, LLC
Mls Name: GLARMLS
Mls ID: #1700097