541 1st StShelbyvilleKY40065
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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
Investment property for sale in Shelbyville at 541 1st St, Shelbyville, KY, 40065 listed at $289,900 pairs $2,231/mo rent with a $1,419/mo payment to leave $467/mo cash flow. Total monthly income runs $2,231/mo, and annual cash flow reaches $5,598/yr on $96,102 cash to close. Return on cash invested measures 25.73% in year one, and rental yield registers 9.23% at a $289,900 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,094 by year five. Five-year ROI tracks 133.97% and total cumulative return in cash totals $128,745. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,231/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
0.48 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: Cory M Miller • Torrey Smith Realty Co., LLC
Mls Name: GLARMLS
Mls ID: #1702680