4513 S 6th StLouisvilleKY40214
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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 4513 S 6th St, Louisville, KY, 40214 offers a 11.26% rental yield on a $225,000 purchase with $2,112/mo rent. Total monthly income registers $2,112/mo, and a $1,101/mo payment leaves $743/mo available for distribution. Annual cash flow reaches $8,914/yr on $74,588 to close, and return on cash invested stands at 31.86% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 166.8% and total cumulative return in cash at $124,413. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,112/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40214, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,229 (100%) |
| Owner Occupied HU | 10,411 (51.5%) |
| Renter Occupied HU | 8,079 (39.9%) |
| Vacant Housing Units | 1,739 ( 8.6%) |
| Median Home Value | $217,200 |
| Average Home Value | $266,231 |
Housing Distribution
Address Breakdown
Residential
19,448
Single Family
16,703
Multi-Family
2,745
Businesses
857
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Listed by: J. Exum Group • Keller Williams Collective
Mls Name: GLARMLS
Mls ID: #1703957