113 Rand AveLexingtonKY40508
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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 113 Rand Ave, Lexington, KY, 40508 listed at $237,000 pairs $2,292/mo rent with a $1,160/mo payment to leave $850/mo cash flow. Total monthly income runs $2,292/mo, and annual cash flow reaches $10,195/yr on $78,566 cash to close. Return on cash invested measures 32.89% in year one, and rental yield registers 11.61% at a $237,000 basis. Equity gained on principal adds $1,529/yr, and annual property appreciation at 5% supports $65,479 by year five. Five-year ROI tracks 172.3% and total cumulative return in cash totals $135,368. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,292/mo property income relative to a $1,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
4,186 sqft lot
$N/A/sqft
No HOA
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Listed by: Todd Lawill • Dream Maker Realty, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25002827
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.