118 Plantation DrShelbyvilleKY40065
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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 Shelbyville at 118 Plantation Dr, Shelbyville, KY, 40065 with 5% annual appreciation on a $649,500 basis while $4,012/mo rent supports operations. Total monthly income totals $4,012/mo and a $3,179/mo payment preserves $59/mo for cash returns. Annual cash flow comes to $708/yr on $213,686 deployed, and return on cash invested reaches 20.39% in year one. Equity gained on principal adds $4,191/yr, and five-year appreciation sums $179,445 alongside rental yield of 7.41%. Five-year ROI measures 105.28% and total cumulative return in cash totals $224,965.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,012/mo property income versus a $3,179/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40065, Shelbyville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,740 (100%) |
| Owner Occupied HU | 8,833 (64.3%) |
| Renter Occupied HU | 4,231 (30.8%) |
| Vacant Housing Units | 676 ( 4.9%) |
| Median Home Value | $270,830 |
| Average Home Value | $326,328 |
Housing Distribution
Address Breakdown
Residential
13,320
Single Family
13,219
Multi-Family
101
Businesses
847
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Listed by: Devon Pack • RE/MAX Premier Properties
Mls Name: GLARMLS
Mls ID: #1706784