1245 Raeford LnLexingtonKY40513
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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 1245 Raeford Ln, Lexington, KY, 40513 priced at $815,000 pairs $5,350/mo rent with $358/mo cash flow after a $3,989/mo payment. Total monthly income equals $5,350/mo, and annual cash flow comes to $4,293/yr on $268,135 invested. Return on cash invested is 21.66% in year one, and rental yield stands at 7.88% on a $815,000 basis. Equity gained on principal adds $5,259/yr, and 5% annual appreciation accumulates to $225,169 by year five. Five-year ROI measures 112.12% and total cumulative return in cash reaches $300,625. For financing, Ziffy Mortgage’s DSCR program evaluates $5,350/mo property income against a $3,989/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
0.28 Acres lot
$N/A/sqft
$385 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40513, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,705 (100%) |
| Owner Occupied HU | 3,507 (74.5%) |
| Renter Occupied HU | 881 (18.7%) |
| Vacant Housing Units | 317 ( 6.7%) |
| Median Home Value | $467,755 |
| Average Home Value | $545,803 |
Housing Distribution
Address Breakdown
Residential
4,585
Single Family
4,014
Multi-Family
571
Businesses
317
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Listed by: Joy C Doyle • United Real Estate Bluegrass
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25008674
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.