2726 Hollywood Ter APT 101LouisvilleKY40206
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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
Rental property for sale in Louisville at 2726 Hollywood Ter APT 101, Louisville, KY, 40206 generates $933/mo in rent and, after a $587/mo payment, leaves $203/mo in cash flow. Total monthly income is $933/mo, and annual cash flow is $2,436/yr on $39,780 invested. Return on cash invested sits at 26.03% in year one, and rental yield is 9.33% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 135.52% and total cumulative return in cash sums $53,911. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $933/mo property income rather than buyer’s personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40206, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,360 (100%) |
| Owner Occupied HU | 5,103 (44.9%) |
| Renter Occupied HU | 5,045 (44.4%) |
| Vacant Housing Units | 1,212 (10.7%) |
| Median Home Value | $384,167 |
| Average Home Value | $449,727 |
Housing Distribution
Address Breakdown
Residential
11,253
Single Family
7,768
Multi-Family
3,485
Businesses
1,013
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Listed by: Lucy Peterson • Sun Residential
Mls Name: GLARMLS
Mls ID: #1692296