1301 Muir Station RdLexingtonKY40516
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
Investment Highlights
Rental property for sale in Lexington at 1301 Muir Station Rd, Lexington, KY, 40516 priced at $990,000 converts $1,879/mo rent into after a $4,846/mo obligation. Total monthly income equals $1,879/mo. Return on cash invested prints 4.78% in year one, and rental yield reads 2.28% against a $990,000 entry. Equity gained on principal adds $6,388/yr, while 5% annual appreciation compiles into $273,519 by year five. Five-year ROI reaches 21.56% and total cumulative return in cash sums $70,232. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,879/mo property income covering a $4,846/mo payment, not borrower’s personal income.
Single Family
Built in 1994
10.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40516, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,302 (100%) |
| Owner Occupied HU | 903 (69.4%) |
| Renter Occupied HU | 309 (23.7%) |
| Vacant Housing Units | 90 ( 6.9%) |
| Median Home Value | $505,625 |
| Average Home Value | $626,539 |
Housing Distribution
Address Breakdown
Residential
1,167
Single Family
1,167
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: F. Hill Parker • Turf Town Properties
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25014107
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.