4802 Andrea 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 4802 Andrea Way, Louisville, KY, 40219 earns from $1,816/mo rent with a $1,468/mo payment. Total monthly income totals $1,816/mo. ROI tracks 19.8% on current figures, and rental yield reads 7.27% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 102.11% and total cumulative return in cash sums $101,512. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,816/mo property income instead of your personal income.
Single Family
Built in 1968
9,583 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: Steven Harrison • Harrison REALTORS
Mls Name: GLARMLS
Mls ID: #1706216