37 Shellie DrLeitchfieldKY42754
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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 Leitchfield at 37 Shellie Dr, Leitchfield, KY, 42754 priced at $184,900 converts $1,020/mo rent into after a $905/mo obligation. Total monthly income equals $1,020/mo. Return on cash invested prints 17.85% in year one, and rental yield reads 6.62% against a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation compiles into $51,084 by year five. Five-year ROI reaches 91.67% and total cumulative return in cash sums $56,191. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,020/mo property income covering a $905/mo payment, not borrower’s personal income.
Manufactured
Built in 2025
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42754, Leitchfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,578 (100%) |
| Owner Occupied HU | 4,560 (60.2%) |
| Renter Occupied HU | 1,838 (24.3%) |
| Vacant Housing Units | 1,180 (15.6%) |
| Median Home Value | $200,527 |
| Average Home Value | $235,996 |
Housing Distribution
Address Breakdown
Residential
7,047
Single Family
7,047
Multi-Family
0
Businesses
465
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Listed by: Jennifer Rhodes • Cedar Hill Properties
Mls Name: GLARMLS
Mls ID: #1700702