6220 Serenity CtLouisvilleKY40219
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
Investment property for sale in Louisville at 6220 Serenity Ct, Louisville, KY, 40219 listed at $212,000 pairs $1,454/mo rent with a $1,038/mo payment to leave $163/mo cash flow. Total monthly income runs $1,454/mo, and annual cash flow reaches $1,960/yr on $70,278 cash to close. Return on cash invested measures 22.7% in year one, and rental yield registers 8.23% at a $212,000 basis. Equity gained on principal adds $1,368/yr, and annual property appreciation at 5% supports $58,572 by year five. Five-year ROI tracks 117.71% and total cumulative return in cash totals $82,723. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,454/mo property income relative to a $1,038/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40219, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,720 (100%) |
| Owner Occupied HU | 8,701 (52.0%) |
| Renter Occupied HU | 6,808 (40.7%) |
| Vacant Housing Units | 1,211 ( 7.2%) |
| Median Home Value | $200,768 |
| Average Home Value | $223,180 |
Housing Distribution
Address Breakdown
Residential
17,302
Single Family
13,920
Multi-Family
3,382
Businesses
1,005
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Gatewood • PorchLight Real Estate
Mls Name: GLARMLS
Mls ID: #1705854