102 Bermuda AveLexingtonKY40505
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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 102 Bermuda Ave, Lexington, KY, 40505 generates $1,601/mo in rent and, after a $832/mo payment, leaves $566/mo in cash flow. Total monthly income is $1,601/mo, and annual cash flow is $6,797/yr on $56,355 invested. Return on cash invested sits at 31.97% in year one, and rental yield is 11.3% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 167.43% and total cumulative return in cash sums $94,353. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,601/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
7,248 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
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