Harmony 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
Investment property for sale in Louisville at Harmony Plan, Cedar Brook, Louisville, KY, 40229 with 5% annual appreciation on a $287,900 basis while $2,672/mo rent supports operations. Total monthly income totals $2,672/mo and a $1,409/mo payment preserves $920/mo for cash returns. Annual cash flow comes to $11,039/yr on $95,439 deployed, and return on cash invested reaches 31.48% in year one. Equity gained on principal adds $1,858/yr, and five-year appreciation sums $79,541 alongside rental yield of 11.14%. Five-year ROI measures 164.72% and total cumulative return in cash totals $157,205.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,672/mo property income versus a $1,409/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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