2606 Dixdale AveLouisvilleKY40210
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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 2606 Dixdale Ave, Louisville, KY, 40210 offers a 9.16% rental yield on a $149,900 purchase with $1,144/mo rent. Total monthly income registers $1,144/mo, and a $734/mo payment leaves $231/mo available for distribution. Annual cash flow reaches $2,776/yr on $49,692 to close, and return on cash invested stands at 25.5% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 132.72% and total cumulative return in cash at $65,951. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,144/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40210, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,843 (100%) |
| Owner Occupied HU | 2,356 (34.4%) |
| Renter Occupied HU | 3,182 (46.5%) |
| Vacant Housing Units | 1,305 (19.1%) |
| Median Home Value | $83,789 |
| Average Home Value | $153,160 |
Housing Distribution
Address Breakdown
Residential
6,311
Single Family
5,773
Multi-Family
538
Businesses
319
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Listed by: Latosha Weathers • Real Estate Unlimited
Mls Name: GLARMLS
Mls ID: #1692013