2226 Hawthorne AveLouisvilleKY40205
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 2226 Hawthorne Ave, Louisville, KY, 40205 at $297,495 posts ROI 26.11% with $509/mo cash flow from $2,320/mo rent. Total monthly income equals $2,320/mo, and annual cash flow records $6,114/yr on $98,620 to close. Return on cash invested measures 26.11% and rental yield reads 9.36% at the current $297,495. Equity gained on principal adds $1,920/yr, and 5% annual appreciation supports $82,192 by year five. Five-year ROI prints 135.96% and total cumulative return in cash totals $134,081.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,320/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1935
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40205, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,067 (100%) |
| Owner Occupied HU | 7,728 (69.8%) |
| Renter Occupied HU | 2,563 (23.2%) |
| Vacant Housing Units | 776 ( 7.0%) |
| Median Home Value | $391,674 |
| Average Home Value | $445,327 |
Housing Distribution
Address Breakdown
Residential
10,909
Single Family
8,803
Multi-Family
2,106
Businesses
567
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Burlew • Weichert Realtors - ABG
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1672232
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2024 Metro Search, Inc.