213 Sycamore DrSycamoreKY40223
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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
Rental property for sale in Sycamore at 213 Sycamore Dr, Sycamore, KY, 40223 priced at $251,000 pairs $2,536/mo rent with $1,008/mo cash flow after a $1,229/mo payment. Total monthly income equals $2,536/mo, and annual cash flow comes to $12,095/yr on $83,207 invested. Return on cash invested is 34.44% in year one, and rental yield stands at 12.12% on a $251,000 basis. Equity gained on principal adds $1,620/yr, and 5% annual appreciation accumulates to $69,347 by year five. Five-year ROI measures 180.66% and total cumulative return in cash reaches $150,324. For financing, Ziffy Mortgage’s DSCR program evaluates $2,536/mo property income against a $1,229/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40223, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,146 (100%) |
| Owner Occupied HU | 6,920 (62.1%) |
| Renter Occupied HU | 3,358 (30.1%) |
| Vacant Housing Units | 868 ( 7.8%) |
| Median Home Value | $363,815 |
| Average Home Value | $409,810 |
Housing Distribution
Address Breakdown
Residential
11,122
Single Family
9,982
Multi-Family
1,140
Businesses
1,373
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Listed by: Josh B Miles • MCT Investments, LLC
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1686873
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