1048 Vero CtLexingtonKY40509
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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
Investment property for sale in Lexington at 1048 Vero Ct, Lexington, KY, 40509 earns $177/mo cash flow from $2,261/mo rent with a $1,676/mo payment. Total monthly income totals $2,261/mo, and annual cash flow totals $2,122/yr on $113,539 capital. ROI tracks 21.78% on current figures, and rental yield reads 7.92% at a $342,500 purchase. Equity gained on principal adds $2,210/yr, and 5% annual appreciation supports $94,626 over five years. Five-year ROI reaches 112.73% and total cumulative return in cash sums $127,991. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,261/mo property income instead of your personal income.
Single Family
Built in 1993
7,248 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40509, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,860 (100%) |
| Owner Occupied HU | 11,449 (54.9%) |
| Renter Occupied HU | 7,813 (37.5%) |
| Vacant Housing Units | 1,598 ( 7.7%) |
| Median Home Value | $368,659 |
| Average Home Value | $416,092 |
Housing Distribution
Address Breakdown
Residential
20,444
Single Family
17,889
Multi-Family
2,555
Businesses
1,544
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Listed by: Patrick Doyle • National Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25013242
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.