3045 Shakertown RdDanvilleKY40422
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 Danville at 3045 Shakertown Rd, Danville, KY, 40422 offers $998/mo rent that, after a $776/mo payment, leaves $33/mo cash flow. Total monthly income is $998/mo, and annual cash flow is $397/yr on $52,543 cash. Return on cash invested measures 20.67% in year one, and rental yield stands at 7.56% at a $158,500 entry. Equity gained on principal adds $1,023/yr while 5% annual appreciation compounds into $43,791 by year five. Five-year ROI records 106.86% and total cumulative return in cash reaches $56,147. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $998/mo property income versus a $776/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40422, Danville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,299 (100%) |
| Owner Occupied HU | 6,664 (59.0%) |
| Renter Occupied HU | 3,609 (31.9%) |
| Vacant Housing Units | 1,026 ( 9.1%) |
| Median Home Value | $227,402 |
| Average Home Value | $271,310 |
Housing Distribution
Address Breakdown
Residential
10,212
Single Family
9,841
Multi-Family
371
Businesses
952
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Listed by: L Sue Abrams-Gray • Abrams Realty, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25009125
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.