651 Cecil AveLouisvilleKY40211
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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 651 Cecil Ave, Louisville, KY, 40211 with 5% annual appreciation on a $178,500 basis while $1,748/mo rent supports operations. Total monthly income totals $1,748/mo and a $874/mo payment preserves $661/mo for cash returns. Annual cash flow comes to $7,935/yr on $59,173 deployed, and return on cash invested reaches 33.32% in year one. Equity gained on principal adds $1,152/yr, and five-year appreciation sums $49,316 alongside rental yield of 11.75%. Five-year ROI measures 174.69% and total cumulative return in cash totals $103,370.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,748/mo property income versus a $874/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40211, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,561 (100%) |
| Owner Occupied HU | 3,874 (36.7%) |
| Renter Occupied HU | 4,802 (45.5%) |
| Vacant Housing Units | 1,885 (17.8%) |
| Median Home Value | $100,831 |
| Average Home Value | $221,276 |
Housing Distribution
Address Breakdown
Residential
9,321
Single Family
8,580
Multi-Family
741
Businesses
525
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Listed by: Team Panella • Keller Williams Louisville East
Mls Name: GLARMLS
Mls ID: #1691655