Townhouse Investment Properties for Sale in Shelbyville, KY
Listed for sale 3 days ago
$ 289,900
ROI
23.0
Cash Flow/m
260- 3 Bed
- 2 Bath
- 1534 sft
42 Petry St, Shelbyville, KY, 40065
Listed for sale 3 days ago
$ 289,900
ROI
23.0Cash Flow/m
260- 3 Bed
- 2 Bath
- 1534 sft
40 Petry St, Shelbyville, KY, 40065
Listed for sale 3 days ago
$ 289,900
ROI
23.0Cash Flow/m
260- 3 Bed
- 2 Bath
- 1534 sft
44 Petry St, Shelbyville, KY, 40065
Listed for sale 3 days ago
$ 289,900
ROI
23.0Cash Flow/m
260- 3 Bed
- 2 Bath
- 1534 sft
46 Petry St, Shelbyville, KY, 40065
Why Invest in Shelbyville, Kentucky?
Townhouses in Shelbyville, KY offer stable investment opportunities with growing appreciation and solid rental demand. Average rents hover around $1,950 monthly, supporting rental yields near 6-7%. Cap rates remain attractive at 5-6% amid low vacancy and moderate cash flows of $8-10k annually. Renter occupancy exceeds 30%, bolstered by proximity to Louisville and steady job growth. Annual appreciation of 2-3% makes townhouses a balanced portfolio addition.
7.5%
Avg. ROI
6.8%
Rental Yield
5.5%
Cap Rate
$8500/mo
Avg. Cash Flow
$1950/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Yes, townhouses offer strong rental yields around 6-7% with average rents of $1,950. Low vacancy and proximity to Louisville ensure steady demand. Cash flows average $8-10k annually for well-located properties.
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