535 Warnock StLouisvilleKY40217
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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 535 Warnock St, Louisville, KY, 40217 uses $56,355 cash to close to unlock $3,017/yr annual cash flow and $251/mo monthly cash flow. Total monthly income runs $1,286/mo, and a $832/mo payment keeps the spread at $251/mo. Purchase price stands at $169,999, and rental yield measures 9.08% with $1,286/mo rent. Return on cash invested shows 25.26% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 131.48% and total cumulative return in cash records $74,097. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,286/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1900
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40217, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,046 (100%) |
| Owner Occupied HU | 3,581 (50.8%) |
| Renter Occupied HU | 2,834 (40.2%) |
| Vacant Housing Units | 631 ( 9.0%) |
| Median Home Value | $235,736 |
| Average Home Value | $252,444 |
Housing Distribution
Address Breakdown
Residential
6,241
Single Family
5,340
Multi-Family
901
Businesses
427
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Listed by: Todd A Weihe • DREAM J P Pirtle REALTORS
Mls Name: GLARMLS
Mls ID: #1708261