628 Davies AveLouisvilleKY40208
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 628 Davies Ave, Louisville, KY, 40208 priced at $119,990 pairs $1,188/mo rent with $458/mo cash flow after a $587/mo payment. Total monthly income equals $1,188/mo, and annual cash flow comes to $5,496/yr on $39,777 invested. Return on cash invested is 33.73% in year one, and rental yield stands at 11.88% on a $119,990 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,151 by year five. Five-year ROI measures 176.95% and total cumulative return in cash reaches $70,384. For financing, Ziffy Mortgage’s DSCR program evaluates $1,188/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1905
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40208, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,432 (100%) |
| Owner Occupied HU | 1,531 (20.6%) |
| Renter Occupied HU | 4,806 (64.7%) |
| Vacant Housing Units | 1,095 (14.7%) |
| Median Home Value | $197,091 |
| Average Home Value | $312,058 |
Housing Distribution
Address Breakdown
Residential
5,472
Single Family
4,033
Multi-Family
1,439
Businesses
409
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kyle Roth • EXP Realty LLC
Mls Name: GLARMLS
Mls ID: #1707441