4 Dupont Way APT 6Saint MatthewsKY40207
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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
Rental property for sale in Saint Matthews at 4 Dupont Way APT 6, Saint Matthews, KY, 40207 priced at $119,900 converts $1,174/mo rent into $444/mo cash flow after a $587/mo obligation. Total monthly income equals $1,174/mo, and annual cash flow totals $5,329/yr on $39,747 invested. Return on cash invested prints 33.32% in year one, and rental yield reads 11.75% against a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,126 by year five. Five-year ROI reaches 174.75% and total cumulative return in cash sums $69,456. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,174/mo property income covering a $587/mo payment, not borrower’s personal income.
Condo
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40207, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,099 (100%) |
| Owner Occupied HU | 9,726 (64.4%) |
| Renter Occupied HU | 3,985 (26.4%) |
| Vacant Housing Units | 1,388 ( 9.2%) |
| Median Home Value | $428,509 |
| Average Home Value | $495,697 |
Housing Distribution
Address Breakdown
Residential
14,852
Single Family
11,585
Multi-Family
3,267
Businesses
1,702
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Listed by: J. Exum Group • Keller Williams Collective
Mls Name: GLARMLS
Mls ID: #1706225