1718 Pershing AveLyndonKY40242
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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
Investment property for sale in Lyndon at 1718 Pershing Ave, Lyndon, KY, 40242 offers a 8.33% rental yield on a $250,000 purchase with $1,735/mo rent. Total monthly income registers $1,735/mo, and a $1,224/mo payment leaves $213/mo available for distribution. Annual cash flow reaches $2,557/yr on $82,875 to close, and return on cash invested stands at 22.99% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 119.32% and total cumulative return in cash at $98,890. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,735/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40242, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,845 (100%) |
| Owner Occupied HU | 3,167 (65.4%) |
| Renter Occupied HU | 1,400 (28.9%) |
| Vacant Housing Units | 278 ( 5.7%) |
| Median Home Value | $321,517 |
| Average Home Value | $332,004 |
Housing Distribution
Address Breakdown
Residential
4,805
Single Family
4,204
Multi-Family
601
Businesses
116
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