Is Shelbyville, KY a good place to invest in rental property?

Shelbyville, KY has a median modeled monthly cash flow of $-831 and a median cap rate of 3.5%, on a median sold price of $315,000. Prices changed +1.7% year over year.

What is the average cap rate in Shelbyville, KY?

The median cap rate across recently sold homes in Shelbyville, KY is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Shelbyville, KY?

The median sold price in Shelbyville, KY is $315,000 (about $176 per square foot).

Investing in Shelbyville, KY Real Estate

A data-driven snapshot of the Shelbyville, KY rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$315,000Median sold price

$176Median $/sqft

3.5%Median cap rate

$-831Modeled cash flow / mo

+1.7%Appreciation YoY

6.2Months of supply

277Active listings

537Sold (last 12 mo)

What the Shelbyville numbers say

In Shelbyville, KY, the median home sold for $315,000 (about $176 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-831 of monthly cash flow. Sold prices moved +1.7% over the past year. Inventory sits at about 6.2 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Kentucky markets to compare

See Shelbyville cash-flowing listings

CashFlowRE ranks every for-sale home in Shelbyville, KY by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Shelbyville deals, or browse the national market data.