1616 Doral CtShelbyvilleKY40065
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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 1616 Doral Ct, Shelbyville, KY, 40065 listed at $638,500 pairs $4,859/mo rent with a $3,125/mo payment to leave $973/mo cash flow. Total monthly income runs $4,859/mo, and annual cash flow reaches $11,677/yr on $210,067 cash to close. Return on cash invested measures 25.62% in year one, and rental yield registers 9.13% at a $638,500 basis. Equity gained on principal adds $4,120/yr, and annual property appreciation at 5% supports $176,406 by year five. Five-year ROI tracks 133.31% and total cumulative return in cash totals $280,035. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,859/mo property income relative to a $3,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
0.68 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: Jennifer Woods • Marshall Lane Real Estate
Mls Name: GLARMLS
Mls ID: #1701114