614 Atwood StLouisvilleKY40217
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 614 Atwood St, Louisville, KY, 40217 generates $1,684/mo in rent and, after a $979/mo payment, leaves $467/mo in cash flow. Total monthly income is $1,684/mo, and annual cash flow is $5,600/yr on $66,300 invested. Return on cash invested sits at 28.36% in year one, and rental yield is 10.1% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 148.01% and total cumulative return in cash sums $98,132. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,684/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
3,049 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bruce Bell • Keller Williams Collective
Mls Name: GLARMLS
Mls ID: #1704973