206 Carey AveLouisvilleKY40218
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 206 Carey Ave, Louisville, KY, 40218 at $294,900 posts ROI 30.06% with $827/mo cash flow from $2,621/mo rent. Total monthly income equals $2,621/mo, and annual cash flow records $9,919/yr on $97,759 to close. Return on cash invested measures 30.06% and rental yield reads 10.67% at the current $294,900. Equity gained on principal adds $1,903/yr, and 5% annual appreciation supports $81,475 by year five. Five-year ROI prints 157.14% and total cumulative return in cash totals $153,619.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,621/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40218, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,478 (100%) |
| Owner Occupied HU | 6,879 (47.5%) |
| Renter Occupied HU | 6,360 (43.9%) |
| Vacant Housing Units | 1,239 ( 8.6%) |
| Median Home Value | $209,730 |
| Average Home Value | $235,809 |
Housing Distribution
Address Breakdown
Residential
14,077
Single Family
10,571
Multi-Family
3,506
Businesses
1,315
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca Ponder • United Real Estate Louisville
Mls Name: GLARMLS
Mls ID: #1704336