4411 La Salle AveLouisvilleKY40215
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
Rental property for sale in Louisville at 4411 La Salle Ave, Louisville, KY, 40215 generates $1,350/mo in rent and, after a $734/mo payment, leaves $437/mo in cash flow. Total monthly income is $1,350/mo, and annual cash flow is $5,247/yr on $49,725 invested. Return on cash invested sits at 30.46% in year one, and rental yield is 10.8% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 159.36% and total cumulative return in cash sums $79,242. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,350/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40215, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,693 (100%) |
| Owner Occupied HU | 3,758 (38.8%) |
| Renter Occupied HU | 4,680 (48.3%) |
| Vacant Housing Units | 1,255 (12.9%) |
| Median Home Value | $112,450 |
| Average Home Value | $187,142 |
Housing Distribution
Address Breakdown
Residential
9,174
Single Family
8,590
Multi-Family
584
Businesses
308
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca L O'Toole • Homepage Realty
Mls Name: GLARMLS
Mls ID: #1704498