4614 Glenna WayLouisvilleKY40219
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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 4614 Glenna Way, Louisville, KY, 40219 listed at $219,000 pairs $1,711/mo rent with a $1,072/mo payment to leave $378/mo cash flow. Total monthly income runs $1,711/mo, and annual cash flow reaches $4,536/yr on $72,599 cash to close. Return on cash invested measures 26.16% in year one, and rental yield registers 9.38% at a $219,000 basis. Equity gained on principal adds $1,413/yr, and annual property appreciation at 5% supports $60,506 by year five. Five-year ROI tracks 136.28% and total cumulative return in cash totals $98,937. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,711/mo property income relative to a $1,072/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40219, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,720 (100%) |
| Owner Occupied HU | 8,701 (52.0%) |
| Renter Occupied HU | 6,808 (40.7%) |
| Vacant Housing Units | 1,211 ( 7.2%) |
| Median Home Value | $200,768 |
| Average Home Value | $223,180 |
Housing Distribution
Address Breakdown
Residential
17,302
Single Family
13,920
Multi-Family
3,382
Businesses
1,005
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Listed by: Daniel Pierce • EXP Realty LLC
Mls Name: GLARMLS
Mls ID: #1706451