2315 S 37th StLouisvilleKY40211
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 2315 S 37th St, Louisville, KY, 40211 earns $622/mo cash flow from $1,656/mo rent with a $832/mo payment. Total monthly income totals $1,656/mo, and annual cash flow totals $7,458/yr on $56,322 capital. ROI tracks 33.15% on current figures, and rental yield reads 11.7% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 173.75% and total cumulative return in cash sums $97,862. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,656/mo property income instead of your personal income.
Single Family
Built in 1953
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40211, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,561 (100%) |
| Owner Occupied HU | 3,874 (36.7%) |
| Renter Occupied HU | 4,802 (45.5%) |
| Vacant Housing Units | 1,885 (17.8%) |
| Median Home Value | $100,831 |
| Average Home Value | $221,276 |
Housing Distribution
Address Breakdown
Residential
9,321
Single Family
8,580
Multi-Family
741
Businesses
525
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Nearby investment properties with comparable prices
Listed by: Cheryl D Johnson • EXP Realty LLC
Mls Name: GLARMLS
Mls ID: #1704147