660 Cottonwood RdLouisaKY41230
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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 Louisa at 660 Cottonwood Rd, Louisa, KY, 41230 uses $66,300 cash to close to unlock $9,632/yr annual cash flow and $803/mo monthly cash flow. Total monthly income runs $2,020/mo, and a $979/mo payment keeps the spread at $803/mo. Purchase price stands at $199,999, and rental yield measures 12.12% with $2,020/mo rent. Return on cash invested shows 34.44% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 180.65% and total cumulative return in cash records $119,768. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,020/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1975
1.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41230, Louisa, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,603 (100%) |
| Owner Occupied HU | 3,611 (64.4%) |
| Renter Occupied HU | 1,210 (21.6%) |
| Vacant Housing Units | 782 (14.0%) |
| Median Home Value | $138,662 |
| Average Home Value | $166,173 |
Housing Distribution
Address Breakdown
Residential
5,205
Single Family
5,205
Multi-Family
0
Businesses
325
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Listed by: Lisa Robertson • Redd, Brown, & Williams Real Estate Services- Louisa
Mls Name: Eastern Kentucky AOR
Mls Provider:
Mls ID: #119138
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.