2601 Callery Pl UNIT 101LouisvilleKY40299
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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 2601 Callery Pl UNIT 101, Louisville, KY, 40299 uses $70,112 cash to close to unlock $7,392/yr annual cash flow and $616/mo monthly cash flow. Total monthly income runs $1,903/mo, and a $1,035/mo payment keeps the spread at $616/mo. Purchase price stands at $211,500, and rental yield measures 10.8% with $1,903/mo rent. Return on cash invested shows 30.45% in year one, and 5% annual appreciation builds toward $58,434 over five years. Five-year ROI reaches 159.25% and total cumulative return in cash records $111,654. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,903/mo property income covering a $1,035/mo payment rather than investor’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40299, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,393 (100%) |
| Owner Occupied HU | 13,111 (71.3%) |
| Renter Occupied HU | 4,380 (23.8%) |
| Vacant Housing Units | 902 ( 4.9%) |
| Median Home Value | $321,716 |
| Average Home Value | $359,747 |
Housing Distribution
Address Breakdown
Residential
19,378
Single Family
17,249
Multi-Family
2,129
Businesses
1,730
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Listed by: Phil Moffett • Edelen & Edelen REALTORS
Mls Name: GLARMLS
Mls ID: #1702818