187 Coral AveLouisvilleKY40206
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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 187 Coral Ave, Louisville, KY, 40206 at $450,000 posts ROI 23.51% with $448/mo cash flow from $3,187/mo rent. Total monthly income equals $3,187/mo, and annual cash flow records $5,373/yr on $149,175 to close. Return on cash invested measures 23.51% and rental yield reads 8.5% at the current $450,000. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 by year five. Five-year ROI prints 122.02% and total cumulative return in cash totals $182,022.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,187/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40206, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,360 (100%) |
| Owner Occupied HU | 5,103 (44.9%) |
| Renter Occupied HU | 5,045 (44.4%) |
| Vacant Housing Units | 1,212 (10.7%) |
| Median Home Value | $384,167 |
| Average Home Value | $449,727 |
Housing Distribution
Address Breakdown
Residential
11,253
Single Family
7,768
Multi-Family
3,485
Businesses
1,013
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Listed by: Steve Canfield • Canfield Realty Group, LLC
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1685137
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