1706 Bicknell 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 1706 Bicknell Ave, Louisville, KY, 40215 offers a 10.46% rental yield on a $195,000 purchase with $1,700/mo rent. Total monthly income registers $1,700/mo, and a $954/mo payment leaves $514/mo available for distribution. Annual cash flow reaches $6,163/yr on $64,643 to close, and return on cash invested stands at 29.44% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 153.85% and total cumulative return in cash at $99,454. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,700/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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: Timothy Woods • EXP Realty LLC
Mls Name: GLARMLS
Mls ID: #1700240