1205 Colter PassLexingtonKY40511
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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
Rental property for sale in Lexington at 1205 Colter Pass, Lexington, KY, 40511 generates $2,474/mo in rent and, after a $1,654/mo payment, leaves $417/mo in cash flow. Total monthly income is $2,474/mo, and annual cash flow is $5,007/yr on $112,047 invested. Return on cash invested sits at 24.38% in year one, and rental yield is 8.78% on a $338,000 entry. Equity gained on principal adds $2,181/yr, while 5% annual appreciation builds toward $93,383 over five years. Five-year ROI reaches 126.7% and total cumulative return in cash sums $141,962. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,474/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
4,813 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40511, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,474 (100%) |
| Owner Occupied HU | 9,139 (55.5%) |
| Renter Occupied HU | 5,858 (35.6%) |
| Vacant Housing Units | 1,477 ( 9.0%) |
| Median Home Value | $269,131 |
| Average Home Value | $324,136 |
Housing Distribution
Address Breakdown
Residential
16,096
Single Family
13,938
Multi-Family
2,158
Businesses
1,062
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