108 Madison Rae BlvdShepherdsvilleKY40165
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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 Shepherdsville at 108 Madison Rae Blvd, Shepherdsville, KY, 40165 priced at $226,000 converts $2,011/mo rent into $636/mo cash flow after a $1,106/mo obligation. Total monthly income equals $2,011/mo, and annual cash flow totals $7,628/yr on $74,919 invested. Return on cash invested prints 30.09% in year one, and rental yield reads 10.68% against a $226,000 entry. Equity gained on principal adds $1,458/yr, while 5% annual appreciation compiles into $62,440 by year five. Five-year ROI reaches 157.32% and total cumulative return in cash sums $117,863. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,011/mo property income covering a $1,106/mo payment, not borrower’s personal income.
Single Family
Built in 2006
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40165, Shepherdsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,978 (100%) |
| Owner Occupied HU | 11,612 (77.5%) |
| Renter Occupied HU | 2,936 (19.6%) |
| Vacant Housing Units | 430 ( 2.9%) |
| Median Home Value | $292,470 |
| Average Home Value | $301,542 |
Housing Distribution
Address Breakdown
Residential
14,851
Single Family
14,801
Multi-Family
50
Businesses
881
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Listed by: Lanay Washington • Totally About Houses
Mls Name: GLARMLS
Mls ID: #1691417