3/1 SFR Louisville, KY $1,225 rent earns $400+ on 30yr fixed

[Clay Smith]

FOR SALE: $137,000 as appraised last week. I have purchased and renovated a brick SFR rental in Fern Creek that is turn key ready. I like this house and I would keep it but I have bought too many as of late to hold. I have to sell one and so I chose this higher dollar one. It is a single family residence with a newly signed 2yr lease. It rents for $1,225 a month. If you buy this as a 30yr fixed investment property with 20% down it has a $522 a month earnings.

• Refinished Hardwood Floors
• Paint
• Fixtures
• Includes Appliances
• HVAC, Roof, Water Heater, Electric all good

The house is in good shape.  I can arrange a showing anytime. I do not have recent pictures since it rented so quickly.  If you like the numbers, lets talk.