8923 Beulah Church RdLouisvilleKY40291
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
Rental property for sale in Louisville at 8923 Beulah Church Rd, Louisville, KY, 40291 generates $2,635/mo in rent and, after a $1,390/mo payment, leaves $907/mo in cash flow. Total monthly income is $2,635/mo, and annual cash flow is $10,879/yr on $94,146 invested. Return on cash invested sits at 31.46% in year one, and rental yield is 11.13% on a $284,000 entry. Equity gained on principal adds $1,833/yr, while 5% annual appreciation builds toward $78,464 over five years. Five-year ROI reaches 164.69% and total cumulative return in cash sums $155,045. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,635/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40291, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,491 (100%) |
| Owner Occupied HU | 12,581 (71.9%) |
| Renter Occupied HU | 3,939 (22.5%) |
| Vacant Housing Units | 971 ( 5.6%) |
| Median Home Value | $291,535 |
| Average Home Value | $322,862 |
Housing Distribution
Address Breakdown
Residential
17,713
Single Family
16,933
Multi-Family
780
Businesses
639
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gabe M Vance • AdVance REALTORS, INC.
Mls Name: GLARMLS
Mls ID: #1705062