9001 Falcon Crest Ct UNIT 202LouisvilleKY40219
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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 9001 Falcon Crest Ct UNIT 202, Louisville, KY, 40219 uses $56,322 cash to close to unlock $1,974/yr annual cash flow and $165/mo monthly cash flow. Total monthly income runs $1,199/mo, and a $832/mo payment keeps the spread at $165/mo. Purchase price stands at $169,900, and rental yield measures 8.47% with $1,199/mo rent. Return on cash invested shows 23.41% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 121.53% and total cumulative return in cash records $68,450. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,199/mo property income covering a $832/mo payment rather than investor’s personal income.
Condo
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40219, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,720 (100%) |
| Owner Occupied HU | 8,701 (52.0%) |
| Renter Occupied HU | 6,808 (40.7%) |
| Vacant Housing Units | 1,211 ( 7.2%) |
| Median Home Value | $200,768 |
| Average Home Value | $223,180 |
Housing Distribution
Address Breakdown
Residential
17,302
Single Family
13,920
Multi-Family
3,382
Businesses
1,005
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Listed by: David L Parks • RE/MAX Properties East
Mls Name: GLARMLS
Mls ID: #1697652