4210 Milo DrLouisvilleKY40218
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4210 Milo Dr, Louisville, KY, 40218 uses $94,461 cash to close to unlock $4,361/yr annual cash flow and $363/mo monthly cash flow. Total monthly income runs $2,098/mo, and a $1,395/mo payment keeps the spread at $363/mo. Purchase price stands at $284,950, and rental yield measures 8.84% with $2,098/mo rent. Return on cash invested shows 24.53% in year one, and 5% annual appreciation builds toward $78,726 over five years. Five-year ROI reaches 127.48% and total cumulative return in cash records $120,423. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,098/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1992
6,534 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chad Russell • Semonin Realtors
Mls Name: GLARMLS
Mls ID: #1705703