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Archived about 1 month ago

$69,000

1 bd 1 ba 536 sqft

4501 S 6th, Louisville, KY 40214

Residential Condo

Current Rent **

N/A

Projected Rent **

$1,200

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Louisville MTR Opportunity Under $70k

Looking for a furnished rental property that works for travel nurses, corporate housing, relocations, or 30+ day stays?

This fully furnished Louisville condo offers:

✔ Purchase price around $70K
✔ Rental-friendly HOA (30+ day minimum)
✔ Fully furnished and turnkey
✔ HOA covers heat, water, sewer & trash
✔ Estimated 8.97% cap rate potential
✔ Positive projected cash flow under multiple financing scenarios

Perfect for investors pursuing:

🏥 Travel nurse housing
💼 Corporate housing
🔑 Mid-term rentals (MTR)
📈 Cash-flow investments

Message me for the investor flyer and full underwriting.
502-210-8880

Location:

4501 S 6th, Louisville, KY 40214

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.