6501 Fenwick DrLouisvilleKY40228
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 6501 Fenwick Dr, Louisville, KY, 40228 earns $673/mo cash flow from $2,437/mo rent with a $1,419/mo payment. Total monthly income totals $2,437/mo, and annual cash flow totals $8,070/yr on $96,102 capital. ROI tracks 28.31% on current figures, and rental yield reads 10.09% at a $289,900 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 over five years. Five-year ROI reaches 147.76% and total cumulative return in cash sums $142,005. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,437/mo property income instead of your personal income.
Single Family
Built in 1976
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40228, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,797 (100%) |
| Owner Occupied HU | 6,015 (68.4%) |
| Renter Occupied HU | 2,430 (27.6%) |
| Vacant Housing Units | 352 ( 4.0%) |
| Median Home Value | $267,381 |
| Average Home Value | $286,167 |
Housing Distribution
Address Breakdown
Residential
8,368
Single Family
8,108
Multi-Family
260
Businesses
343
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca Fisher • Bridge Realtors
Mls Name: GLARMLS
Mls ID: #1699478