2620 Rowan StLouisvilleKY40212
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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 2620 Rowan St, Louisville, KY, 40212 listed at $143,700 pairs $1,268/mo rent with a $703/mo payment to leave $394/mo cash flow. Total monthly income runs $1,268/mo, and annual cash flow reaches $4,725/yr on $47,637 cash to close. Return on cash invested measures 29.83% in year one, and rental yield registers 10.59% at a $143,700 basis. Equity gained on principal adds $927/yr, and annual property appreciation at 5% supports $39,702 by year five. Five-year ROI tracks 155.9% and total cumulative return in cash totals $74,264. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,268/mo property income relative to a $703/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
N/A 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: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #1684773