8448 Hempridge 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
Investment property for sale in Shelbyville at 8448 Hempridge Rd, Shelbyville, KY, 40065 earns $335/mo cash flow from $2,465/mo rent with a $1,713/mo payment. Total monthly income totals $2,465/mo, and annual cash flow totals $4,020/yr on $115,992 capital. ROI tracks 23.38% on current figures, and rental yield reads 8.45% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 121.34% and total cumulative return in cash sums $140,742. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,465/mo property income instead of your personal income.
Single Family
Built in N/A
1 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: Brock Lisby • Torrey Smith Realty Co., LLC
Mls Name: GLARMLS
Mls ID: #1702206