49 Fleming 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
Rental property for sale in Shelbyville at 49 Fleming Rd, Shelbyville, KY, 40065 priced at $172,500 converts $1,662/mo rent into $612/mo cash flow after a $844/mo obligation. Total monthly income equals $1,662/mo, and annual cash flow totals $7,349/yr on $57,184 invested. Return on cash invested prints 32.76% in year one, and rental yield reads 11.56% against a $172,500 entry. Equity gained on principal adds $1,113/yr, while 5% annual appreciation compiles into $47,659 by year five. Five-year ROI reaches 171.66% and total cumulative return in cash sums $98,162. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,662/mo property income covering a $844/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.25 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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Listed by: Margo Whisman • Weichert Realtors-H. Barry Smith Co.
Mls Name: GLARMLS
Mls ID: #1705743