317 Hillcrest 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 317 Hillcrest Ave, Louisville, KY, 40206 at $494,900 posts ROI 24.53% with $631/mo cash flow from $3,643/mo rent. Total monthly income equals $3,643/mo, and annual cash flow records $7,575/yr on $164,059 to close. Return on cash invested measures 24.53% and rental yield reads 8.83% at the current $494,900. Equity gained on principal adds $3,194/yr, and 5% annual appreciation supports $136,732 by year five. Five-year ROI prints 127.48% and total cumulative return in cash totals $209,139.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,643/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
6,098 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: Kipp Karpinsky • The Agency Louisville
Mls Name: GLARMLS
Mls ID: #1691945