201 Shackle RdLondonKY40744
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
Rental property for sale in London at 201 Shackle Rd, London, KY, 40744 priced at $349,000 converts $2,412/mo rent into $288/mo cash flow after a $1,708/mo obligation. Total monthly income equals $2,412/mo, and annual cash flow totals $3,457/yr on $115,694 invested. Return on cash invested prints 22.9% in year one, and rental yield reads 8.29% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 118.76% and total cumulative return in cash sums $137,400. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,412/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40744, London, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,192 (100%) |
| Owner Occupied HU | 5,614 (68.5%) |
| Renter Occupied HU | 1,960 (23.9%) |
| Vacant Housing Units | 618 ( 7.5%) |
| Median Home Value | $171,588 |
| Average Home Value | $215,546 |
Housing Distribution
Address Breakdown
Residential
8,043
Single Family
7,870
Multi-Family
173
Businesses
255
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Listed by: Patty Taylor • Sallie Davidson, Realtors
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24015773
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