5233 Cedrus CirLouisvilleKY40213
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
Rental property for sale in Louisville at 5233 Cedrus Cir, Louisville, KY, 40213 priced at $213,500 converts $2,111/mo rent into $812/mo cash flow after a $1,045/mo obligation. Total monthly income equals $2,111/mo, and annual cash flow totals $9,739/yr on $70,775 invested. Return on cash invested prints 33.67% in year one, and rental yield reads 11.87% against a $213,500 entry. Equity gained on principal adds $1,378/yr, while 5% annual appreciation compiles into $58,986 by year five. Five-year ROI reaches 176.52% and total cumulative return in cash sums $124,930. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,111/mo property income covering a $1,045/mo payment, not borrower’s personal income.
Single Family
Built in 1959
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40213, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,522 (100%) |
| Owner Occupied HU | 4,211 (56.0%) |
| Renter Occupied HU | 2,733 (36.3%) |
| Vacant Housing Units | 578 ( 7.7%) |
| Median Home Value | $204,545 |
| Average Home Value | $258,518 |
Housing Distribution
Address Breakdown
Residential
7,568
Single Family
7,172
Multi-Family
396
Businesses
863
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Nearby investment properties with comparable prices
Listed by: Bryce Cariel • Caperton Realty
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1686793
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