2116 Carnegie DrShelbyvilleKY40065
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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 Shelbyville at 2116 Carnegie Dr, Shelbyville, KY, 40065 at $385,000 posts ROI 30.84% with $1,162/mo cash flow from $3,551/mo rent. Total monthly income equals $3,551/mo, and annual cash flow records $13,949/yr on $127,628 to close. Return on cash invested measures 30.84% and rental yield reads 11.07% at the current $385,000. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 by year five. Five-year ROI prints 161.48% and total cumulative return in cash totals $206,098.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,551/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
5,662 sqft lot
$N/A/sqft
$550 annually 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: Derrick T Beckham • Realty Advanced
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1672301
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