For SaleRisky Deal1 days on market
6381 Frankfort Rd
6381 Frankfort Rd, Shelbyville, KY 40065, Shelbyville, KY 40065
$409,000
Estimate®:$400,700
Listing Price
6381 Frankfort Rd, Shelbyville, KY 40065
Loc: Shelbyville, KY
Days Listed
1
Tax Assessed
$390k
Estimate®
$401k
Market Rate
Lot Size
0.86 acres
Rent Estimate
$2,198/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.
7
Heritage Elementary School
K-5
1.9 mi away
6
Shelby County East Middle School
6-8
5 mi away
3
Shelby County High School
9-12
4.8 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
ranch stylebrick exteriorpainted white brickred front doorcovered carportlarge lawnlandscapedsingle-storyshingle rooftraditionalsuburbancharmingwell-maintainedspacious front yard
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.80%
Total ROI
41.4%
Cash Flow
$-828/mo
DSCR
0.61
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-828/mo net cash flow with a 3.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Shelbyville, KY
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-09-08 | Price change | $409,000 | $186 |
| 2026-08-08 | Price change | $419,000 | $191 |
| 2026-08-06 | Listed for sale | $425,000 | $194 |
| 2026-08-05 | Listing removed | $425,000 | $194 |
| 2026-08-03 | Contingent | $425,000 | $194 |
| 2026-06-15 | Listed for sale | $425,000 | $194 |
| 2026-05-15 | Listing removed | $425,000 | $194 |
| 2026-05-04 | Contingent | $425,000 | $194 |
| 2026-05-01 | Listed for sale | $425,000 | $194 |
| 2026-04-24 | Contingent | $425,000 | $194 |
| 2026-04-15 | Listed for sale | $425,000 | $194 |
| 2024-11-18 | Sold | $390,000 | $178 |
| 2024-11-07 | Pending sale | $400,000 | $182 |
| 2024-10-18 | Contingent | $400,000 | $182 |
| 2024-10-05 | Price change | $400,000 | $182 |
| 2024-09-26 | Price change | $410,000 | $187 |
| 2024-09-16 | Price change | $420,000 | $191 |
| 2024-09-01 | Listed for sale | $425,000 | $194 |
| 2012-08-06 | Sold | $150,000 | $68 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,429.65 | $390,000 |
| 2024 | $1,734.43 | $195,000 |
| 2023 | $1,758.22 | $195,000 |
| 2022 | $1,313.27 | $150,000 |
| 2021 | $1,346.14 | $150,000 |
| 2020 | $1,831.2 | $150,000 |
| 2019 | $1,831.2 | $150,000 |
| 2018 | $1,786.2 | $150,000 |
| 2017 | $1,786.2 | $150,000 |
| 2016 | $830.15 | $150,000 |
| 2015 | $830.15 | $150,000 |
| 2014 | $830.15 | $150,000 |
| 2013 | $830.15 | $150,000 |
| 2012 | $0 | $150,000 |
| 2011 | $0 | $105,800 |
| 2010 | $0 | $105,800 |
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