For SaleExcellent Deal0 days on market
39 Morning Side Dr
39 Morning Side Dr, Shelbyville, KY 40065, Shelbyville, KY 40065
$450,000
Estimate®:$471,600$21,600 Under Market
Listing Price
39 Morning Side Dr, Shelbyville, KY 40065
Loc: Shelbyville, KY
Days Listed
0
Tax Assessed
$391k
Estimate®
$472k
5% Under Valued
Lot Size
9,583 sqft
Rent Estimate
$4,821/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Marnel C. Moorman School
K-8
0.1 mi away
4
Martha Layne Collins High School
9-12
0.4 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
craftsmantwo-storybrick-facadeboard-and-battenattached-garagecovered-front-porchporch-swinggabled-rooflandscaped-lawnsuburbanblue-sidingcozy-atmosphereresidential
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 9/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
8.80%
Total ROI
150.2%
Cash Flow
$966/mo
DSCR
1.41
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $966/mo net cash flow with a 8.8% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (8.8%)
- • Strong rental demand in Shelbyville
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-25 | Listed for sale | $450,000 | $106 |
| 2026-09-24 | Listing removed | $475,000 | $112 |
| 2026-08-05 | Price change | $475,000 | $112 |
| 2026-06-29 | Price change | $498,000 | $117 |
| 2026-06-05 | Price change | $525,000 | $123 |
| 2026-05-21 | Price change | $550,000 | $129 |
| 2026-05-10 | Listed for sale | $583,900 | $137 |
| 2021-02-09 | Sold | $391,134 | $92 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,442.39 | $391,134 |
| 2024 | $4,485.42 | $391,134 |
| 2023 | $4,548 | $391,134 |
| 2022 | $4,519.55 | $391,134 |
| 2021 | $4,636.89 | $391,134 |
| 2020 | $475.52 | $40,000 |
| 2019 | $475.52 | $40,000 |
Similar Properties Nearby
Explore other investment opportunities in Shelbyville.