6404 Terry RdLouisvilleKY40258
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 6404 Terry Rd, Louisville, KY, 40258 earns $417/mo cash flow from $1,774/mo rent with a $1,091/mo payment. Total monthly income totals $1,774/mo, and annual cash flow totals $5,007/yr on $73,925 capital. ROI tracks 26.68% on current figures, and rental yield reads 9.55% at a $223,000 purchase. Equity gained on principal adds $1,439/yr, and 5% annual appreciation supports $61,611 over five years. Five-year ROI reaches 139.07% and total cumulative return in cash sums $102,809. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,774/mo property income instead of your personal income.
Single Family
Built in 1970
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40258, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,587 (100%) |
| Owner Occupied HU | 8,000 (69.0%) |
| Renter Occupied HU | 2,823 (24.4%) |
| Vacant Housing Units | 764 ( 6.6%) |
| Median Home Value | $190,738 |
| Average Home Value | $229,760 |
Housing Distribution
Address Breakdown
Residential
11,254
Single Family
10,720
Multi-Family
534
Businesses
463
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Judy Marlowe • United Real Estate Louisville
Mls Name: GLARMLS
Mls ID: #1694502