237 Glendora AveLouisvilleKY40212
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 237 Glendora Ave, Louisville, KY, 40212 at $199,999 posts ROI 25.46% with $307/mo cash flow from $1,524/mo rent. Total monthly income equals $1,524/mo, and annual cash flow records $3,680/yr on $66,300 to close. Return on cash invested measures 25.46% and rental yield reads 9.14% at the current $199,999. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 by year five. Five-year ROI prints 132.5% and total cumulative return in cash totals $87,848.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,524/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40212, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,732 (100%) |
| Owner Occupied HU | 2,914 (37.7%) |
| Renter Occupied HU | 3,509 (45.4%) |
| Vacant Housing Units | 1,309 (16.9%) |
| Median Home Value | $82,928 |
| Average Home Value | $188,089 |
Housing Distribution
Address Breakdown
Residential
6,963
Single Family
6,709
Multi-Family
254
Businesses
262
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Listed by: Briana Day • Commitment Real Estate Group
Mls Name: GLARMLS
Mls ID: #1706087