638 Lynn 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
Investment property for sale in Louisville at 638 Lynn St, Louisville, KY, 40217 offers a 12.15% rental yield on a $205,300 purchase with $2,078/mo rent. Total monthly income registers $2,078/mo, and a $1,005/mo payment leaves $828/mo available for distribution. Annual cash flow reaches $9,940/yr on $68,057 to close, and return on cash invested stands at 34.51% in year one. Equity gained on principal adds $1,325/yr while 5% annual appreciation supports $56,721 over five years. Portfolio math shows five-year ROI at 181.09% and total cumulative return in cash at $123,244. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,078/mo property income against a $1,005/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A