216 Bischoff WayShepherdsvilleKY40165
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 216 Bischoff Way, Shepherdsville, KY, 40165 in Shepherdsville is narrow, $124/mo net on $3,410/mo rent after the $2,428/mo debt service, but the property operates at break-even-plus, not a loss. At $539,900 with a 7.58% yield, the long-run equity case via 5% appreciation ($149,164 over five years) and $4,973/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.40 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $212,461.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 7.2% |
| Monthly Cash Flow | $124 | $450 |
City averages based on Shepherdsville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,410 |
| Total Monthly Debt Service | $3,071 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
0.28 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
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
Single Family
Built in 2023
0.28 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bryan Gillespie • The Gillespie Realty Group
Mls Name: GLARMLS
Mls ID: #1704027