707 E Saint Catherine StLouisvilleKY40203
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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 707 E Saint Catherine St, Louisville, KY, 40203 earns $555/mo cash flow from $2,077/mo rent with a $1,224/mo payment. Total monthly income totals $2,077/mo, and annual cash flow totals $6,661/yr on $82,875 capital. ROI tracks 27.95% on current figures, and rental yield reads 9.97% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 145.87% and total cumulative return in cash sums $120,886. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,077/mo property income instead of your personal income.
Single Family
Built in 1910
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40203, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,642 (100%) |
| Owner Occupied HU | 1,654 (17.2%) |
| Renter Occupied HU | 6,241 (64.7%) |
| Vacant Housing Units | 1,747 (18.1%) |
| Median Home Value | $190,071 |
| Average Home Value | $281,443 |
Housing Distribution
Address Breakdown
Residential
9,327
Single Family
5,367
Multi-Family
3,960
Businesses
828
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Listed by: Aubrey Lipscomb • Coldwell Banker McMahan
Mls Name: GLARMLS
Mls ID: #1694117