1007 Camden AveLouisvilleKY40215
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
Investment property for sale in Louisville at 1007 Camden Ave, Louisville, KY, 40215 uses $52,709 cash to close to unlock $3,966/yr annual cash flow and $331/mo monthly cash flow. Total monthly income runs $1,298/mo, and a $778/mo payment keeps the spread at $331/mo. Purchase price stands at $159,000, and rental yield measures 9.8% with $1,298/mo rent. Return on cash invested shows 27.43% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 143.07% and total cumulative return in cash records $75,408. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,298/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1946
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40215, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,693 (100%) |
| Owner Occupied HU | 3,758 (38.8%) |
| Renter Occupied HU | 4,680 (48.3%) |
| Vacant Housing Units | 1,255 (12.9%) |
| Median Home Value | $112,450 |
| Average Home Value | $187,142 |
Housing Distribution
Address Breakdown
Residential
9,174
Single Family
8,590
Multi-Family
584
Businesses
308
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cherrie Xu • Sunny Realty LLC
Mls Name: GLARMLS
Mls ID: #1706168