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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lynnview at 1317 Pigeon Pass Rd, Lynnview, KY, 40213 at $199,900 posts ROI 32% with $668/mo cash flow from $1,884/mo rent. Total monthly income equals $1,884/mo, and annual cash flow records $8,013/yr on $66,267 to close. Return on cash invested measures 32% and rental yield reads 11.31% at the current $199,900. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 by year five. Five-year ROI prints 167.56% and total cumulative return in cash totals $111,037.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,884/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 40213, Louisville, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,522 (100%) |
| Owner Occupied HU | 4,211 (56.0%) |
| Renter Occupied HU | 2,733 (36.3%) |
| Vacant Housing Units | 578 ( 7.7%) |
| Median Home Value | $204,545 |
| Average Home Value | $258,518 |
Residential
7,568
Single Family
7,172
Multi-Family
396
Businesses
863
Date | Event | Price |
|---|---|---|
| 2024-09-03 | Listed for sale | $199,900 |
| 2024-08-21 | Listing removed | N/A |
| 2024-08-07 | Listed for rent | $1,629 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-11-12 | $1082.84 | N/A | $92,000 | N/A |
| 2019-11-12 | $1082.84 | 9.95% | $92,000 | N/A |
| 2018-11-12 | $984.86 | N/A | $92,000 | N/A |
Listed by: Mission Impact Group • Keller Williams Louisville East
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1669501
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2024 Metro Search, Inc.
