722 Inverness AveLouisvilleKY40214
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 722 Inverness Ave, Louisville, KY, 40214 at $170,000 posts ROI 18.96% with from $990/mo rent. Total monthly income equals $990/mo. Return on cash invested measures 18.96% and rental yield reads 6.99% at the current $170,000. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 by year five. Five-year ROI prints 97.69% and total cumulative return in cash totals $55,053. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $990/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40214, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,229 (100%) |
| Owner Occupied HU | 10,411 (51.5%) |
| Renter Occupied HU | 8,079 (39.9%) |
| Vacant Housing Units | 1,739 ( 8.6%) |
| Median Home Value | $217,200 |
| Average Home Value | $266,231 |
Housing Distribution
Address Breakdown
Residential
19,448
Single Family
16,703
Multi-Family
2,745
Businesses
857
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gary Aronov • Real Estate Go To
Mls Name: GLARMLS
Mls ID: #1707424