4014 Melda LnLouisvilleKY40219
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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 4014 Melda Ln, Louisville, KY, 40219 offers a 9.46% rental yield on a $274,600 purchase with $2,164/mo rent. Total monthly income registers $2,164/mo, and a $1,344/mo payment leaves $493/mo available for distribution. Annual cash flow reaches $5,913/yr on $91,030 to close, and return on cash invested stands at 26.4% in year one. Equity gained on principal adds $1,772/yr while 5% annual appreciation supports $75,867 over five years. Portfolio math shows five-year ROI at 137.54% and total cumulative return in cash at $125,201. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,164/mo property income against a $1,344/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40219, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,720 (100%) |
| Owner Occupied HU | 8,701 (52.0%) |
| Renter Occupied HU | 6,808 (40.7%) |
| Vacant Housing Units | 1,211 ( 7.2%) |
| Median Home Value | $200,768 |
| Average Home Value | $223,180 |
Housing Distribution
Address Breakdown
Residential
17,302
Single Family
13,920
Multi-Family
3,382
Businesses
1,005
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