304 S 41st StLouisvilleKY40212
Nearby investment properties with comparable rents
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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 304 S 41st St, Louisville, KY, 40212 earns $248/mo cash flow from $1,222/mo rent with a $783/mo payment. Total monthly income totals $1,222/mo, and annual cash flow totals $2,981/yr on $53,007 capital. ROI tracks 25.53% on current figures, and rental yield reads 9.17% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Five-year ROI reaches 132.92% and total cumulative return in cash sums $70,458. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,222/mo property income instead of your personal income.
Single Family
Built in 1924
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
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Nearby investment properties with comparable prices
Listed by: Marissa Thompson • Diamond Key REALTORS
Mls Name: GLARMLS
Mls ID: #1691605