1860 Alfresco PlLouisvilleKY40205
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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 Louisville at 1860 Alfresco Pl, Louisville, KY, 40205 uses $180,950 cash to close to unlock $2,011/yr annual cash flow and $168/mo monthly cash flow. Total monthly income runs $3,515/mo, and a $2,692/mo payment keeps the spread at $168/mo. Purchase price stands at $550,000, and rental yield measures 7.67% with $3,515/mo rent. Return on cash invested shows 21.17% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 109.45% and total cumulative return in cash records $198,046. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,515/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Single Family
Built in 1922
6,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40205, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,067 (100%) |
| Owner Occupied HU | 7,728 (69.8%) |
| Renter Occupied HU | 2,563 (23.2%) |
| Vacant Housing Units | 776 ( 7.0%) |
| Median Home Value | $391,674 |
| Average Home Value | $445,327 |
Housing Distribution
Address Breakdown
Residential
10,909
Single Family
8,803
Multi-Family
2,106
Businesses
567
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Listed by: Mark England • England Associates
Mls Name: GLARMLS
Mls ID: #1703421