505 Bauer AveSaint MatthewsKY40207
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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 Saint Matthews at 505 Bauer Ave, Saint Matthews, KY, 40207 at $450,000 posts ROI 25.43% with $687/mo cash flow from $3,426/mo rent. Total monthly income equals $3,426/mo, and annual cash flow records $8,241/yr on $149,175 to close. Return on cash invested measures 25.43% and rental yield reads 9.14% at the current $450,000. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 by year five. Five-year ROI prints 132.32% and total cumulative return in cash totals $197,394.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,426/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1941
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40207, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,099 (100%) |
| Owner Occupied HU | 9,726 (64.4%) |
| Renter Occupied HU | 3,985 (26.4%) |
| Vacant Housing Units | 1,388 ( 9.2%) |
| Median Home Value | $428,509 |
| Average Home Value | $495,697 |
Housing Distribution
Address Breakdown
Residential
14,852
Single Family
11,585
Multi-Family
3,267
Businesses
1,702
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Listed by: Krissy A Lynch • Keller Williams Collective
Mls Name: GLARMLS
Mls ID: #1701129