1718 Odaniel Ave APT 7LouisvilleKY40213
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 1718 Odaniel Ave APT 7, Louisville, KY, 40213 offers a 11.37% rental yield on a $140,000 purchase with $1,327/mo rent. Total monthly income registers $1,327/mo, and a $685/mo payment leaves $475/mo available for distribution. Annual cash flow reaches $5,702/yr on $46,410 to close, and return on cash invested stands at 32.2% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 168.68% and total cumulative return in cash at $78,286. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,327/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica B Harrod • Nest Realty
Mls Name: GLARMLS
Mls ID: #1699006