728 Zorn Ave APT 11LouisvilleKY40206
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 728 Zorn Ave APT 11, Louisville, KY, 40206 uses $34,808 cash to close to unlock $226/yr annual cash flow and $19/mo monthly cash flow. Total monthly income runs $958/mo, and a $514/mo payment keeps the spread at $19/mo. Purchase price stands at $105,000, and rental yield measures 10.95% with $958/mo rent. Return on cash invested shows 20.56% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 109.95% and total cumulative return in cash records $38,270. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $958/mo property income covering a $514/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$3,600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40206, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,360 (100%) |
| Owner Occupied HU | 5,103 (44.9%) |
| Renter Occupied HU | 5,045 (44.4%) |
| Vacant Housing Units | 1,212 (10.7%) |
| Median Home Value | $384,167 |
| Average Home Value | $449,727 |
Housing Distribution
Address Breakdown
Residential
11,253
Single Family
7,768
Multi-Family
3,485
Businesses
1,013
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary-Jo Horton • RE/MAX Properties East
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1683654
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 Metro Search, Inc.