4920 Columbia AveLouisvilleKY40258
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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 4920 Columbia Ave, Louisville, KY, 40258 earns $594/mo cash flow from $1,871/mo rent with a $1,027/mo payment. Total monthly income totals $1,871/mo, and annual cash flow totals $7,126/yr on $69,582 capital. ROI tracks 30.15% on current figures, and rental yield reads 10.7% at a $209,900 purchase. Equity gained on principal adds $1,354/yr, and 5% annual appreciation supports $57,992 over five years. Five-year ROI reaches 157.6% and total cumulative return in cash sums $109,664. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,871/mo property income instead of your personal income.
Single Family
Built in 1952
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40258, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,587 (100%) |
| Owner Occupied HU | 8,000 (69.0%) |
| Renter Occupied HU | 2,823 (24.4%) |
| Vacant Housing Units | 764 ( 6.6%) |
| Median Home Value | $190,738 |
| Average Home Value | $229,760 |
Housing Distribution
Address Breakdown
Residential
11,254
Single Family
10,720
Multi-Family
534
Businesses
463
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Listed by: Stephen R Adams • Bob Hayes Realty Company
Mls Name: GLARMLS
Mls ID: #1697509