214 Melwood DrShepherdsvilleKY40165
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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 Shepherdsville at 214 Melwood Dr, Shepherdsville, KY, 40165 at $265,000 posts ROI 23.19% with $240/mo cash flow from $1,853/mo rent. Total monthly income equals $1,853/mo, and annual cash flow records $2,883/yr on $87,848 to close. Return on cash invested measures 23.19% and rental yield reads 8.39% at the current $265,000. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 by year five. Five-year ROI prints 120.33% and total cumulative return in cash totals $105,711.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,853/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40165, Shepherdsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,978 (100%) |
| Owner Occupied HU | 11,612 (77.5%) |
| Renter Occupied HU | 2,936 (19.6%) |
| Vacant Housing Units | 430 ( 2.9%) |
| Median Home Value | $292,470 |
| Average Home Value | $301,542 |
Housing Distribution
Address Breakdown
Residential
14,851
Single Family
14,801
Multi-Family
50
Businesses
881
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Listed by: Carla Ratcliff • Legacy Property Group
Mls Name: South Central Kentucky AOR
Mls ID: #SC47191