750 Zorn Ave APT 39LouisvilleKY40206
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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 750 Zorn Ave APT 39, Louisville, KY, 40206 listed at $236,000 pairs $2,155/mo rent with a $1,155/mo payment to leave $279/mo cash flow. Total monthly income runs $2,155/mo, and annual cash flow reaches $3,343/yr on $78,234 cash to close. Return on cash invested measures 24.18% in year one, and rental yield registers 10.96% at a $236,000 basis. Equity gained on principal adds $1,523/yr, and annual property appreciation at 5% supports $65,202 by year five. Five-year ROI tracks 128.07% and total cumulative return in cash totals $100,194. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,155/mo property income relative to a $1,155/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1992
N/A lot
$N/A/sqft
$5,282 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
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Listed by: Anne Brundage • Keller Williams Realty- Louisville
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1686806
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