1161 Narrow LnLexingtonKY40517
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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 1161 Narrow Ln, Lexington, KY, 40517 listed at $385,500 pairs $2,515/mo rent with a $1,887/mo payment to leave $169/mo cash flow. Total monthly income runs $2,515/mo, and annual cash flow reaches $2,023/yr on $127,793 cash to close. Return on cash invested measures 21.49% in year one, and rental yield registers 7.83% at a $385,500 basis. Equity gained on principal adds $2,488/yr, and annual property appreciation at 5% supports $106,507 by year five. Five-year ROI tracks 111.2% and total cumulative return in cash totals $142,103. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,515/mo property income relative to a $1,887/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
8,389 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40517, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,305 (100%) |
| Owner Occupied HU | 6,738 (34.9%) |
| Renter Occupied HU | 11,295 (58.5%) |
| Vacant Housing Units | 1,272 ( 6.6%) |
| Median Home Value | $224,669 |
| Average Home Value | $262,715 |
Housing Distribution
Address Breakdown
Residential
18,128
Single Family
12,959
Multi-Family
5,169
Businesses
538
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Listed by: Darrell Lewis • DIY Flat Fee.com
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25009035
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.