1407 Dotland CirShelbyvilleKY40065
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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 1407 Dotland Cir, Shelbyville, KY, 40065 uses $67,958 cash to close to unlock $7,713/yr annual cash flow and $643/mo monthly cash flow. Total monthly income runs $1,890/mo, and a $1,003/mo payment keeps the spread at $643/mo. Purchase price stands at $205,000, and rental yield measures 11.06% with $1,890/mo rent. Return on cash invested shows 31.26% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 163.58% and total cumulative return in cash records $111,162. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,890/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.27 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: Mary A Chandler • 822 Main Property MGMT LLC
Mls Name: GLARMLS
Mls ID: #1700250