164 Shannon PkwyNicholasvilleKY40356
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 Nicholasville at 164 Shannon Pkwy, Nicholasville, KY, 40356 with 5% annual appreciation on a $235,000 basis while $1,853/mo rent supports operations. Total monthly income totals $1,853/mo and a $1,150/mo payment preserves $423/mo for cash returns. Annual cash flow comes to $5,076/yr on $77,903 deployed, and return on cash invested reaches 26.42% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 9.46%. Five-year ROI measures 137.62% and total cumulative return in cash totals $107,212.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,853/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40356, Nicholasville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,530 (100%) |
| Owner Occupied HU | 12,056 (65.1%) |
| Renter Occupied HU | 5,532 (29.9%) |
| Vacant Housing Units | 942 ( 5.1%) |
| Median Home Value | $258,201 |
| Average Home Value | $347,924 |
Housing Distribution
Address Breakdown
Residential
18,592
Single Family
17,420
Multi-Family
1,172
Businesses
1,282
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Culp • Real Broker, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25009990
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.