3439 Glendale AveLouisvilleKY40215
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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 3439 Glendale Ave, Louisville, KY, 40215 with 5% annual appreciation on a $139,900 basis while $1,111/mo rent supports operations. Total monthly income totals $1,111/mo and a $685/mo payment preserves $259/mo for cash returns. Annual cash flow comes to $3,111/yr on $46,377 deployed, and return on cash invested reaches 26.62% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,652 alongside rental yield of 9.53%. Five-year ROI measures 138.77% and total cumulative return in cash totals $64,359.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,111/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40215, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,693 (100%) |
| Owner Occupied HU | 3,758 (38.8%) |
| Renter Occupied HU | 4,680 (48.3%) |
| Vacant Housing Units | 1,255 (12.9%) |
| Median Home Value | $112,450 |
| Average Home Value | $187,142 |
Housing Distribution
Address Breakdown
Residential
9,174
Single Family
8,590
Multi-Family
584
Businesses
308
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Listed by: Sarah Jones Duffy • J. Michael Jones & Associates
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1676691
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