639 S Stallard DrShelbyvilleKY40065
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 639 S Stallard Dr, Shelbyville, KY, 40065 offers $2,612/mo rent that, after a $4,649/mo payment. Total monthly income is $2,612/mo. Return on cash invested measures 7.89% in year one, and rental yield stands at 3.3% at a $949,900 entry. Equity gained on principal adds $6,130/yr while 5% annual appreciation compounds into $262,440 by year five. Five-year ROI records 38.24% and total cumulative return in cash reaches $119,502. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,612/mo property income versus a $4,649/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
5.56 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Baird Dunsmore • Torrey Smith Realty Co., LLC
Mls Name: GLARMLS
Mls ID: #1695233