61 Avion CtShelbyvilleKY40065
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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 Shelbyville at 61 Avion Ct, Shelbyville, KY, 40065 priced at $189,900 converts $1,613/mo rent into $458/mo cash flow after a $929/mo obligation. Total monthly income equals $1,613/mo, and annual cash flow totals $5,492/yr on $62,952 invested. Return on cash invested prints 28.63% in year one, and rental yield reads 10.19% against a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. Five-year ROI reaches 149.49% and total cumulative return in cash sums $94,109. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,613/mo property income covering a $929/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.27 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: Ashley Miller • Coldwell Banker Larry Rogers
Mls Name: GLARMLS
Mls ID: #1703726