2836 Garfield AveLouisvilleKY40212
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2836 Garfield Ave, Louisville, KY, 40212 earns $186/mo cash flow from $879/mo rent with a $557/mo payment. Total monthly income totals $879/mo, and annual cash flow totals $2,235/yr on $37,758 capital. ROI tracks 25.83% on current figures, and rental yield reads 9.26% at a $113,900 purchase. Equity gained on principal adds $735/yr, and 5% annual appreciation supports $31,468 over five years. Five-year ROI reaches 134.59% and total cumulative return in cash sums $50,820. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $879/mo property income instead of your personal income.
Single Family
Built in 1910
3,920 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John A Koerner • Property Advancement Realty
Mls Name: GLARMLS
Mls ID: #1706015