4605 S 3rd 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 4605 S 3rd St, Louisville, KY, 40214 earns $555/mo cash flow from $1,315/mo rent with a $611/mo payment. Total monthly income totals $1,315/mo, and annual cash flow totals $6,663/yr on $41,371 capital. ROI tracks 36.02% on current figures, and rental yield reads 12.64% at a $124,800 purchase. Equity gained on principal adds $805/yr, and 5% annual appreciation supports $34,480 over five years. Five-year ROI reaches 189.18% and total cumulative return in cash sums $78,266. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,315/mo property income instead of your personal income.
Multi Family
Built in 1963
10,001 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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Nearby investment properties with comparable prices
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