6505 Lovers LnLouisvilleKY40291
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 6505 Lovers Ln, Louisville, KY, 40291 earns $684/mo cash flow from $2,509/mo rent with a $1,468/mo payment. Total monthly income totals $2,509/mo, and annual cash flow totals $8,202/yr on $99,450 capital. ROI tracks 28.16% on current figures, and rental yield reads 10.04% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 146.96% and total cumulative return in cash sums $146,148. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,509/mo property income instead of your personal income.
Single Family
Built in 1958
0.57 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paige Williams • United Real Estate Louisville
Mls Name: GLARMLS
Mls ID: #1696484