4203 Hewitt AveHouston AcresKY40220
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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 Houston Acres at 4203 Hewitt Ave, Houston Acres, KY, 40220 with 5% annual appreciation on a $265,000 basis while $2,020/mo rent supports operations. Total monthly income totals $2,020/mo and a $1,297/mo payment preserves $407/mo for cash returns. Annual cash flow comes to $4,887/yr on $87,848 deployed, and return on cash invested reaches 25.47% in year one. Equity gained on principal adds $1,710/yr, and five-year appreciation sums $73,215 alongside rental yield of 9.15%. Five-year ROI measures 132.59% and total cumulative return in cash totals $116,475.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,020/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40220, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,103 (100%) |
| Owner Occupied HU | 9,534 (59.2%) |
| Renter Occupied HU | 5,515 (34.2%) |
| Vacant Housing Units | 1,054 ( 6.5%) |
| Median Home Value | $259,893 |
| Average Home Value | $287,329 |
Housing Distribution
Address Breakdown
Residential
15,639
Single Family
12,305
Multi-Family
3,334
Businesses
603
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Listed by: Christa R Richmond • Homepage Realty
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1695006
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