1517 Medical AveShelbyvilleKY40065
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 Shelbyville at 1517 Medical Ave, Shelbyville, KY, 40065 earns from $1,860/mo rent with a $1,713/mo payment. Total monthly income totals $1,860/mo. ROI tracks 17.12% on current figures, and rental yield reads 6.38% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 87.71% and total cumulative return in cash sums $101,762. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,860/mo property income instead of your personal income.
Single Family
Built in 1974
0.25 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary A Chandler • 822 Main Property MGMT LLC
Mls Name: GLARMLS
Mls ID: #1701786