837 Mulberry StLouisvilleKY40217
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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 837 Mulberry St, Louisville, KY, 40217 with 5% annual appreciation on a $224,500 basis while $1,661/mo rent supports operations. Total monthly income totals $1,661/mo and a $1,099/mo payment preserves $294/mo for cash returns. Annual cash flow comes to $3,534/yr on $74,422 deployed, and return on cash invested reaches 24.66% in year one. Equity gained on principal adds $1,449/yr, and five-year appreciation sums $62,025 alongside rental yield of 8.88%. Five-year ROI measures 128.2% and total cumulative return in cash totals $95,408.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,661/mo property income versus a $1,099/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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: Shamus Greene • United Real Estate Louisville
Mls Name: GLARMLS
Mls ID: #1706965