1070 Meadow LnLexingtonKY40505
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1070 Meadow Ln, Lexington, KY, 40505 in Lexington speaks for itself: 21.47% gross on a $119,500 price, generating $2,138/mo in rent and $1,411/mo in net income after the $537/mo debt service. DSCR 3.98, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $16,933 stacks alongside $33,016 in projected five-year appreciation and $1,101/yr in principal reduction. Projected total cumulative return: $136,069.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 21.5% | 5.2% |
| Monthly Cash Flow | $1,411 | $385 |
City averages based on Lexington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,138 |
| Total Monthly Debt Service | $680 |
| DSCR Ratio | 3.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1948
7,501 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
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
Single Family
Built in 1948
7,501 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