Palmetto Plan, Cedar CreekLouisvilleKY40229
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 Palmetto Plan, Cedar Creek, Louisville, KY, 40229 with 5% annual appreciation on a $344,990 basis while $2,337/mo rent supports operations. Total monthly income totals $2,337/mo and a $1,689/mo payment preserves $237/mo for cash returns. Annual cash flow comes to $2,843/yr on $114,364 deployed, and return on cash invested reaches 22.39% in year one. Equity gained on principal adds $2,226/yr, and five-year appreciation sums $95,314 alongside rental yield of 8.13%. Five-year ROI measures 116.03% and total cumulative return in cash totals $132,697.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,337/mo property income versus a $1,689/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2026
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Arbor Homes
Mls Name: Arbor Homes
Mls Provider:
Mls ID: #N/A