4505 River Front DrLouisvilleKY40216
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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 Louisville at 4505 River Front Dr, Louisville, KY, 40216 priced at $142,500 pairs $1,072/mo rent with $205/mo cash flow after a $697/mo payment. Total monthly income equals $1,072/mo, and annual cash flow comes to $2,462/yr on $47,239 invested. Return on cash invested is 25.12% in year one, and rental yield stands at 9.03% on a $142,500 basis. Equity gained on principal adds $920/yr, and 5% annual appreciation accumulates to $39,370 by year five. Five-year ROI measures 130.76% and total cumulative return in cash reaches $61,767. For financing, Ziffy Mortgage’s DSCR program evaluates $1,072/mo property income against a $697/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40216, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,542 (100%) |
| Owner Occupied HU | 10,986 (59.2%) |
| Renter Occupied HU | 6,272 (33.8%) |
| Vacant Housing Units | 1,284 ( 6.9%) |
| Median Home Value | $180,204 |
| Average Home Value | $262,204 |
Housing Distribution
Address Breakdown
Residential
18,869
Single Family
16,977
Multi-Family
1,892
Businesses
930
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Listed by: Ashley Brown • Homepage Realty
Mls Name: GLARMLS
Mls ID: #1691817