1710 Odaniel Ave APT 25LouisvilleKY40213
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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
Rental property for sale in Louisville at 1710 Odaniel Ave APT 25, Louisville, KY, 40213 generates $984/mo in rent and, after a $602/mo payment, leaves $235/mo in cash flow. Total monthly income is $984/mo, and annual cash flow is $2,825/yr on $40,775 invested. Return on cash invested sits at 26.84% in year one, and rental yield is 9.6% on a $123,000 entry. Equity gained on principal adds $794/yr, while 5% annual appreciation builds toward $33,983 over five years. Five-year ROI reaches 139.91% and total cumulative return in cash sums $57,049. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $984/mo property income rather than buyer’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40213, Louisville, KY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,568
Single Family
7,172
Multi-Family
396
Businesses
863
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Listed by: Molly Turner • Knob & Key Realty, LLC
Mls Name: GLARMLS
Mls ID: #1706650