6526 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 6526 Renate Rd, Louisville, KY, 40291 listed at $259,900 pairs $2,198/mo rent with a $1,272/mo payment to leave $616/mo cash flow. Total monthly income runs $2,198/mo, and annual cash flow reaches $7,395/yr on $86,157 cash to close. Return on cash invested measures 28.49% in year one, and rental yield registers 10.15% at a $259,900 basis. Equity gained on principal adds $1,677/yr, and annual property appreciation at 5% supports $71,806 by year five. Five-year ROI tracks 148.78% and total cumulative return in cash totals $128,182. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,198/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2015
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: Craig Mayer • Mayer REALTORS
Mls Name: GLARMLS
Mls ID: #1704424