Foster Plan, Discovery PointShelbyvilleKY40065
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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 Shelbyville at Foster Plan, Discovery Point, Shelbyville, KY, 40065 uses $132,597 cash to close to unlock $10,228/yr annual cash flow and $852/mo monthly cash flow. Total monthly income runs $3,287/mo, and a $1,958/mo payment keeps the spread at $852/mo. Purchase price stands at $399,990, and rental yield measures 9.86% with $3,287/mo rent. Return on cash invested shows 27.62% in year one, and 5% annual appreciation builds toward $110,510 over five years. Five-year ROI reaches 144.09% and total cumulative return in cash records $191,053. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,287/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 2024
N/A 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: N/A • Fischer Homes
Mls Name: Fischer Homes
Mls ID: #N/A