729 S 39th StLouisvilleKY40211
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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
Rental property for sale in Louisville at 729 S 39th St, Louisville, KY, 40211 generates $1,564/mo in rent and, after a $1,175/mo payment, leaves $103/mo in cash flow. Total monthly income is $1,564/mo, and annual cash flow is $1,236/yr on $79,560 invested. Return on cash invested sits at 21.46% in year one, and rental yield is 7.82% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 111.03% and total cumulative return in cash sums $88,334. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,564/mo property income rather than buyer’s personal income.
Multi Family
Built in 1935
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40211, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,561 (100%) |
| Owner Occupied HU | 3,874 (36.7%) |
| Renter Occupied HU | 4,802 (45.5%) |
| Vacant Housing Units | 1,885 (17.8%) |
| Median Home Value | $100,831 |
| Average Home Value | $221,276 |
Housing Distribution
Address Breakdown
Residential
9,321
Single Family
8,580
Multi-Family
741
Businesses
525
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Listed by: WSG Homes • Real Broker, LLC
Mls Name: GLARMLS
Mls ID: #1699740