6404 Renate RdLouisvilleKY40291
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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 6404 Renate Rd, Louisville, KY, 40291 earns $666/mo cash flow from $1,943/mo rent with a $1,027/mo payment. Total monthly income totals $1,943/mo, and annual cash flow totals $7,990/yr on $69,582 capital. ROI tracks 31.39% on current figures, and rental yield reads 11.11% at a $209,900 purchase. Equity gained on principal adds $1,354/yr, and 5% annual appreciation supports $57,992 over five years. Five-year ROI reaches 164.28% and total cumulative return in cash sums $114,308. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,943/mo property income instead of your personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40291, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,491 (100%) |
| Owner Occupied HU | 12,581 (71.9%) |
| Renter Occupied HU | 3,939 (22.5%) |
| Vacant Housing Units | 971 ( 5.6%) |
| Median Home Value | $291,535 |
| Average Home Value | $322,862 |
Housing Distribution
Address Breakdown
Residential
17,713
Single Family
16,933
Multi-Family
780
Businesses
639
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Listed by: Carol Weber • Louisville Realty Group
Mls Name: GLARMLS
Mls ID: #1706129