713 E Hill StLouisvilleKY40217
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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 713 E Hill St, Louisville, KY, 40217 at $200,000 posts ROI 27.85% with $439/mo cash flow from $1,656/mo rent. Total monthly income equals $1,656/mo, and annual cash flow records $5,264/yr on $66,300 to close. Return on cash invested measures 27.85% and rental yield reads 9.94% at the current $200,000. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 by year five. Five-year ROI prints 145.3% and total cumulative return in cash totals $96,332.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,656/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40217, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,046 (100%) |
| Owner Occupied HU | 3,581 (50.8%) |
| Renter Occupied HU | 2,834 (40.2%) |
| Vacant Housing Units | 631 ( 9.0%) |
| Median Home Value | $235,736 |
| Average Home Value | $252,444 |
Housing Distribution
Address Breakdown
Residential
6,241
Single Family
5,340
Multi-Family
901
Businesses
427
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Listed by: Aaron T Givhan • Givhan & Mitchell REALTORS
Mls Name: GLARMLS
Mls ID: #1703042