1643 Greenland Park Cir #3ShelbyvilleKY40065
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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 1643 Greenland Park Cir #3, Shelbyville, KY, 40065 earns $594/mo cash flow from $1,583/mo rent with a $795/mo payment. Total monthly income totals $1,583/mo, and annual cash flow totals $7,132/yr on $53,869 capital. ROI tracks 33.15% on current figures, and rental yield reads 11.69% at a $162,500 purchase. Equity gained on principal adds $1,049/yr, and 5% annual appreciation supports $44,896 over five years. Five-year ROI reaches 173.77% and total cumulative return in cash sums $93,606. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,583/mo property income instead of your personal income.
Condo
Built in 1976
N/A 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: Megan M Knezevich • Red Edge Realty
Mls Name: GLARMLS
Mls ID: #1701820