For SaleRisky Deal8 days on market
195 Locust Grove Rd
195 Locust Grove Rd, Shelbyville, KY 40065, Shelbyville, KY 40065
$625,000
Estimate®:$588,100
Listing Price
195 Locust Grove Rd, Shelbyville, KY 40065
Loc: Shelbyville, KY
Days Listed
8
Estimate®
$588k
Market Rate
Lot Size
5.00 acres
Rent Estimate
$2,215/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.
4
Clear Creek Elementary School
K-5
4.7 mi away
3
Shelby County West Middle School
6-8
6.8 mi away
4
Martha Layne Collins High School
9-12
6.2 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
colonial styletwo-story housevinyl sidingwrap-around porchlarge backyardl-shaped layoutshutterslattice skirtingfenced yardtraditional designrural settingresidential propertygabled roof
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.07%
Total ROI
3.7%
Cash Flow
$-2,167/mo
DSCR
0.33
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,167/mo net cash flow with a 2.1% 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 |
|---|---|---|---|
| 2026-09-17 | Listed for sale | $625,000 | $289 |
| 2021-06-15 | Sold | $410,000 | $189 |
| 2021-05-03 | Pending sale | $419,000 | $194 |
| 2021-04-29 | Listed for sale | $419,000 | $194 |
| 2021-04-25 | Pending sale | $419,000 | $194 |
| 2021-04-21 | Listed for sale | $419,000 | $194 |
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