2429 Griffiths AveLouisvilleKY40212
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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 2429 Griffiths Ave, Louisville, KY, 40212 earns $163/mo cash flow from $863/mo rent with a $563/mo payment. Total monthly income totals $863/mo, and annual cash flow totals $1,956/yr on $38,123 capital. ROI tracks 25.04% on current figures, and rental yield reads 9.01% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 130.18% and total cumulative return in cash sums $49,629. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $863/mo property income instead of your personal income.
Single Family
Built in 1900
6,098 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: Janet Dischinger • BERKSHIRE HATHAWAY HomeServices, Parks & Weisberg Realtors
Mls Name: GLARMLS
Mls ID: #1704775