701 W Evelyn AveLouisvilleKY40215
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
Investment property for sale in Louisville at 701 W Evelyn Ave, Louisville, KY, 40215 at $128,700 posts ROI 43.47% with $838/mo cash flow from $1,621/mo rent. Total monthly income equals $1,621/mo, and annual cash flow records $10,052/yr on $42,664 to close. Return on cash invested measures 43.47% and rental yield reads 15.11% at the current $128,700. Equity gained on principal adds $830/yr, and 5% annual appreciation supports $35,557 by year five. Five-year ROI prints 229.07% and total cumulative return in cash totals $97,731.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,621/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1915
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40215, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,693 (100%) |
| Owner Occupied HU | 3,758 (38.8%) |
| Renter Occupied HU | 4,680 (48.3%) |
| Vacant Housing Units | 1,255 (12.9%) |
| Median Home Value | $112,450 |
| Average Home Value | $187,142 |
Housing Distribution
Address Breakdown
Residential
9,174
Single Family
8,590
Multi-Family
584
Businesses
308
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Nearby investment properties with comparable prices
Listed by: Tyler Cecil • Weichert Realtors - ABG
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1703013
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