2890 Shelbyville RdShelbyvilleKY40065
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
Investment property for sale in Shelbyville at 2890 Shelbyville Rd, Shelbyville, KY, 40065 at $710,000 posts ROI 9.79% with from $2,321/mo rent. Total monthly income equals $2,321/mo. Return on cash invested measures 9.79% and rental yield reads 3.92% at the current $710,000. Equity gained on principal adds $4,582/yr, and 5% annual appreciation supports $196,160 by year five. Five-year ROI prints 48.37% and total cumulative return in cash totals $112,991. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,321/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1982
12 Acres 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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Nearby investment properties with comparable prices
Listed by: Teresa K Barnes • Abbot Realty & Auction
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1681948
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