164 Strawberry Fields RdLexingtonKY40516
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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
Investment property for sale in Lexington at 164 Strawberry Fields Rd, Lexington, KY, 40516 listed at $285,000 pairs $2,132/mo rent with a $1,395/mo payment to leave $397/mo cash flow. Total monthly income runs $2,132/mo, and annual cash flow reaches $4,768/yr on $94,478 cash to close. Return on cash invested measures 24.96% in year one, and rental yield registers 8.98% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 129.82% and total cumulative return in cash totals $122,646. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,132/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2002
4,312 sqft 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
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Listed by: Kimberly J Derossett • Legacy Real Estate Firm
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25010759
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.