1202 Delong PlLexingtonKY40515
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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 1202 Delong Pl, Lexington, KY, 40515 projects strong ROI of -1.02%. Rental yield 0.37%. With 5% annual appreciation, the property builds $2,900,956 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2001
10.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40515, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,155 (100%) |
| Owner Occupied HU | 9,894 (61.2%) |
| Renter Occupied HU | 5,514 (34.1%) |
| Vacant Housing Units | 747 ( 4.6%) |
| Median Home Value | $336,014 |
| Average Home Value | $391,923 |
Housing Distribution
Address Breakdown
Residential
16,067
Single Family
13,416
Multi-Family
2,651
Businesses
172
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Listed by: Douglas Schuerman • Exp Realty, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24010962
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.