- 10 units available to investors – 6 now and 4 later (price may increase later). 38 units are already sold & occupied.
- There will be 70 units.
- A $10,000 deposit will secure the property and there will be no price increases.
- Closing will occur in December & January.
- Shelbyville is the beneficiary of the area-wide population growth and real estate appreciation.
- Thousands relocating here driving rental demand and prices higher.
- There are few new homes in this rent & price range in this area making this a great investment & leasing opportunity.
- With the median income levels and higher interest rates, fewer people can buy but must rent.
- Photos are of sold units. Inside are granite countertops & backsplash, carpeted bedrooms & stairs, laminate living areas & baths, refrigerators with ice-makers, and white & grey cabinets.
- Updated On:
- November 7, 2023
- 3 Bedrooms
- 2 Bathrooms
- 1,681.00 ft2
- Year Built: 2023
Property Id : 59461
Price: Asking $ 272,500
Property Size: 1,681.00 ft2
Property Lot Size: 1,681.00 ft2
Rooms: 7
Bedrooms: 3
Bathrooms: 2
Year Built: 2023
Garage: Attached
Garage Size: 2
Rent (mo): 2050
ROI (ann): 16.1
Cashflow (mo): 44
Property Taxes (mo): 200
Insurance (mo): 100
Repairs (mo): 75
Management Fee (mo): 160
Leasing Fee (ann): 500
HOA (mo): 185
Vacancy Rate (ann): 4






$ 1,632.41
per month- Principal and Interest
- Property Tax
- HOA fee
$ 1,291.79
Similar Listings
Newly Built Stunning Open Concept Two-Story ...
Asking $ 365,830
New Construction 5 Unit Single Family Home i...
Asking $ 189,900