126 Devonia AveLexingtonKY40505
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 126 Devonia Ave, Lexington, KY, 40505 in Lexington is straightforward: $237,999 in, $1,760/mo in rent, $312/mo out after debt service. The 8.88% gross yield and 1.64 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $65,755 by year five. With $2,192/yr in principal equity, the total cumulative return is projected at $110,229.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 5.2% |
| Monthly Cash Flow | $312 | $385 |
City averages based on Lexington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,760 |
| Total Monthly Debt Service | $1,354 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1930
5,706 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40505, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,327 (100%) |
| Owner Occupied HU | 6,200 (50.3%) |
| Renter Occupied HU | 5,201 (42.2%) |
| Vacant Housing Units | 926 ( 7.5%) |
| Median Home Value | $209,219 |
| Average Home Value | $282,644 |
Housing Distribution
Address Breakdown
Residential
11,714
Single Family
10,430
Multi-Family
1,284
Businesses
1,105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1930
5,706 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40505, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,327 (100%) |
| Owner Occupied HU | 6,200 (50.3%) |
| Renter Occupied HU | 5,201 (42.2%) |
| Vacant Housing Units | 926 ( 7.5%) |
| Median Home Value | $209,219 |
| Average Home Value | $282,644 |
Housing Distribution
Address Breakdown
Residential
11,714
Single Family
10,430
Multi-Family
1,284
Businesses
1,105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices