Asher Plan, Cedar BrookLouisvilleKY40229
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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
Rental property for sale in Louisville at Asher Plan, Cedar Brook, Louisville, KY, 40229 priced at $344,900 converts $3,314/mo rent into $1,215/mo cash flow after a $1,688/mo obligation. Total monthly income equals $3,314/mo, and annual cash flow totals $14,580/yr on $114,334 invested. Return on cash invested prints 32.66% in year one, and rental yield reads 11.53% against a $344,900 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation compiles into $95,290 by year five. Five-year ROI reaches 171.07% and total cumulative return in cash sums $195,597. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,314/mo property income covering a $1,688/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40229, Louisville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,375 (100%) |
| Owner Occupied HU | 11,761 (71.8%) |
| Renter Occupied HU | 3,876 (23.7%) |
| Vacant Housing Units | 738 ( 4.5%) |
| Median Home Value | $229,194 |
| Average Home Value | $262,554 |
Housing Distribution
Address Breakdown
Residential
16,506
Single Family
15,554
Multi-Family
952
Businesses
430
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Listed by: Anna Sotes Torres • D.R. Horton - Louisville
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A