Springfield 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 Springfield Plan, Discovery Point, Shelbyville, KY, 40065 listed at $343,990 pairs $2,701/mo rent with a $1,684/mo payment to leave $607/mo cash flow. Total monthly income runs $2,701/mo, and annual cash flow reaches $7,285/yr on $114,033 cash to close. Return on cash invested measures 26.3% in year one, and rental yield registers 9.42% at a $343,990 basis. Equity gained on principal adds $2,220/yr, and annual property appreciation at 5% supports $95,038 by year five. Five-year ROI tracks 137% and total cumulative return in cash totals $156,227. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,701/mo property income relative to a $1,684/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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