3724 Marvin AveLouisvilleKY40218
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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 3724 Marvin Ave, Louisville, KY, 40218 uses $52,709 cash to close to unlock $3,474/yr annual cash flow and $290/mo monthly cash flow. Total monthly income runs $1,257/mo, and a $778/mo payment keeps the spread at $290/mo. Purchase price stands at $159,000, and rental yield measures 9.49% with $1,257/mo rent. Return on cash invested shows 26.5% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 138.1% and total cumulative return in cash records $72,792. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,257/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1952
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40218, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,478 (100%) |
| Owner Occupied HU | 6,879 (47.5%) |
| Renter Occupied HU | 6,360 (43.9%) |
| Vacant Housing Units | 1,239 ( 8.6%) |
| Median Home Value | $209,730 |
| Average Home Value | $235,809 |
Housing Distribution
Address Breakdown
Residential
14,077
Single Family
10,571
Multi-Family
3,506
Businesses
1,315
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Listed by: N/A • N/A
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