55 Wendover CtShelbyvilleKY40065
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 55 Wendover Ct, Shelbyville, KY, 40065 priced at $315,000 pairs $2,058/mo rent with $127/mo cash flow after a $1,542/mo payment. Total monthly income equals $2,058/mo, and annual cash flow comes to $1,527/yr on $104,423 invested. Return on cash invested is 21.37% in year one, and rental yield stands at 7.84% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 110.65% and total cumulative return in cash reaches $115,541. For financing, Ziffy Mortgage’s DSCR program evaluates $2,058/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2009
0.30 Acres lot
$N/A/sqft
$160 annually 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: Laci Gillespie • United Real Estate Louisville
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1674556
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