324 E Main St UNIT 419LouisvilleKY40202
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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 324 E Main St UNIT 419, Louisville, KY, 40202 earns from $2,808/mo rent with a $2,594/mo payment. Total monthly income totals $2,808/mo. ROI tracks 17.19% on current figures, and rental yield reads 6.36% at a $529,900 purchase. Equity gained on principal adds $3,419/yr, and 5% annual appreciation supports $146,402 over five years. Five-year ROI reaches 88.08% and total cumulative return in cash sums $153,551. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,808/mo property income instead of your personal income.
Condo
Built in 2015
56.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40202, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,163 (100%) |
| Owner Occupied HU | 299 ( 7.2%) |
| Renter Occupied HU | 3,007 (72.2%) |
| Vacant Housing Units | 857 (20.6%) |
| Median Home Value | $357,895 |
| Average Home Value | $424,010 |
Housing Distribution
Address Breakdown
Residential
3,766
Single Family
1,023
Multi-Family
2,743
Businesses
1,588
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Listed by: Michelle L Schnell-Gammons • 1 Percent Lists Purple Door
Mls Name: GLARMLS
Mls ID: #1706902