132 Angel Falls DrLexingtonKY40511
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 132 Angel Falls Dr, Lexington, KY, 40511 priced at $349,900 converts $2,503/mo rent into $356/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,503/mo, and annual cash flow totals $4,276/yr on $115,992 invested. Return on cash invested prints 23.6% in year one, and rental yield reads 8.58% against a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,671 by year five. Five-year ROI reaches 122.56% and total cumulative return in cash sums $142,158. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,503/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 2001
4,617 sqft lot
$N/A/sqft
$200 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carlos Elliott • Tru Life Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25001680
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.