1932 Cypress StLouisvilleKY40210
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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 1932 Cypress St, Louisville, KY, 40210 uses $51,383 cash to close to unlock $3,447/yr annual cash flow and $287/mo monthly cash flow. Total monthly income runs $1,231/mo, and a $759/mo payment keeps the spread at $287/mo. Purchase price stands at $155,000, and rental yield measures 9.53% with $1,231/mo rent. Return on cash invested shows 26.62% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 138.78% and total cumulative return in cash records $71,308. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,231/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1967
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40210, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,843 (100%) |
| Owner Occupied HU | 2,356 (34.4%) |
| Renter Occupied HU | 3,182 (46.5%) |
| Vacant Housing Units | 1,305 (19.1%) |
| Median Home Value | $83,789 |
| Average Home Value | $153,160 |
Housing Distribution
Address Breakdown
Residential
6,311
Single Family
5,773
Multi-Family
538
Businesses
319
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Listed by: Lia McFadden • Diamond Key REALTORS
Mls Name: GLARMLS
Mls ID: #1707976