1840 Blackwell RdShelbyvilleKY40065
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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
Rental property for sale in Shelbyville at 1840 Blackwell Rd, Shelbyville, KY, 40065 generates $3,106/mo in rent and, after a $1,536/mo payment, leaves $1,196/mo in cash flow. Total monthly income is $3,106/mo, and annual cash flow is $14,351/yr on $104,058 invested. Return on cash invested sits at 33.7% in year one, and rental yield is 11.87% on a $313,900 entry. Equity gained on principal adds $2,026/yr, while 5% annual appreciation builds toward $86,725 over five years. Five-year ROI reaches 176.66% and total cumulative return in cash sums $183,824. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,106/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
7,840 sqft 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: Kim Philpot • Almost Home Realty Group, Inc.
Mls Name: GLARMLS
Mls ID: #1703925