5319 New Cut RdLouisvilleKY40214
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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
Rental property for sale in Louisville at 5319 New Cut Rd, Louisville, KY, 40214 offers $2,778/mo rent that, after a $1,390/mo payment, leaves $1,050/mo cash flow. Total monthly income is $2,778/mo, and annual cash flow is $12,596/yr on $94,113 cash. Return on cash invested measures 33.29% in year one, and rental yield stands at 11.74% at a $283,900 entry. Equity gained on principal adds $1,832/yr while 5% annual appreciation compounds into $78,436 by year five. Five-year ROI records 174.49% and total cumulative return in cash reaches $164,217. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,778/mo property income versus a $1,390/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
0.34 Acres 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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Listed by: Gilbert Zaldivar • ZHomes Real Estate
Mls Name: GLARMLS
Mls ID: #1697702