6604 N North DrLouisvilleKY40272
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 6604 N North Dr, Louisville, KY, 40272 at $175,000 posts ROI 22.07% with $104/mo cash flow from $1,170/mo rent. Total monthly income equals $1,170/mo, and annual cash flow records $1,254/yr on $58,013 to close. Return on cash invested measures 22.07% and rental yield reads 8.02% at the current $175,000. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 by year five. Five-year ROI prints 114.34% and total cumulative return in cash totals $66,331.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,170/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40272, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,140 (100%) |
| Owner Occupied HU | 10,670 (66.1%) |
| Renter Occupied HU | 4,203 (26.0%) |
| Vacant Housing Units | 1,267 ( 7.9%) |
| Median Home Value | $218,167 |
| Average Home Value | $275,954 |
Housing Distribution
Address Breakdown
Residential
15,885
Single Family
15,029
Multi-Family
856
Businesses
460
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Nearby investment properties with comparable prices
Listed by: Kaleb Voyles • Keller Williams Heartland
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1682053
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