101 Blue Grass AveLexingtonKY40505
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Lexington at 101 Blue Grass Ave, Lexington, KY, 40505 priced at $178,000 pairs $1,379/mo rent with $296/mo cash flow after a $871/mo payment. Total monthly income equals $1,379/mo, and annual cash flow comes to $3,551/yr on $59,007 invested. Return on cash invested is 25.93% in year one, and rental yield stands at 9.3% on a $178,000 basis. Equity gained on principal adds $1,149/yr, and 5% annual appreciation accumulates to $49,178 by year five. Five-year ROI measures 134.95% and total cumulative return in cash reaches $79,633. For financing, Ziffy Mortgage’s DSCR program evaluates $1,379/mo property income against a $871/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
3,746 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40505, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,327 (100%) |
| Owner Occupied HU | 6,200 (50.3%) |
| Renter Occupied HU | 5,201 (42.2%) |
| Vacant Housing Units | 926 ( 7.5%) |
| Median Home Value | $209,219 |
| Average Home Value | $282,644 |
Housing Distribution
Address Breakdown
Residential
11,714
Single Family
10,430
Multi-Family
1,284
Businesses
1,105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alyssa Weir • ERA Select Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25016456
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.