9929 Shelbyville RdSimpsonvilleKY40067
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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 Simpsonville at 9929 Shelbyville Rd, Simpsonville, KY, 40067 offers a 6.88% rental yield on a $815,000 purchase with $4,672/mo rent. 77% in year one. Equity gained on principal adds $5,259/yr while 5% annual appreciation supports $225,169 over five years. Portfolio math shows five-year ROI at 96.57% and total cumulative return in cash at $258,925. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,672/mo property income against a $3,989/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
1.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40067, Simpsonville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,340 (100%) |
| Owner Occupied HU | 1,900 (81.2%) |
| Renter Occupied HU | 334 (14.3%) |
| Vacant Housing Units | 106 ( 4.5%) |
| Median Home Value | $359,211 |
| Average Home Value | $491,426 |
Housing Distribution
Address Breakdown
Residential
2,240
Single Family
2,240
Multi-Family
0
Businesses
288
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Listed by: Erica Hunt • Bluegrass Home Group
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25015133
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.