2823 Ash AveLouisvilleKY40245
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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 2823 Ash Ave, Louisville, KY, 40245 earns from $4,618/mo rent with a $5,629/mo payment. Total monthly income totals $4,618/mo. ROI tracks 12.7% on current figures, and rental yield reads 4.82% at a $1,150,000 purchase. Equity gained on principal adds $7,421/yr, and 5% annual appreciation supports $317,724 over five years. Five-year ROI reaches 63.95% and total cumulative return in cash sums $238,281. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,618/mo property income instead of your personal income.
Single Family
Built in 2019
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40245, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,773 (100%) |
| Owner Occupied HU | 11,704 (74.2%) |
| Renter Occupied HU | 3,085 (19.6%) |
| Vacant Housing Units | 984 ( 6.2%) |
| Median Home Value | $435,976 |
| Average Home Value | $469,049 |
Housing Distribution
Address Breakdown
Residential
16,147
Single Family
14,505
Multi-Family
1,642
Businesses
369
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Listed by: Cheryl Poore • Weichert Realtors-H. Barry Smith Co.
Mls Name: GLARMLS
Mls ID: #1693951