1644 Thames DrLexingtonKY40517
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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 1644 Thames Dr, Lexington, KY, 40517 with 5% annual appreciation on a $247,500 basis while $2,149/mo rent supports operations. Total monthly income totals $2,149/mo and a $1,211/mo payment preserves $643/mo for cash returns. Annual cash flow comes to $7,717/yr on $82,046 deployed, and return on cash invested reaches 29.31% in year one. Equity gained on principal adds $1,597/yr, and five-year appreciation sums $68,380 alongside rental yield of 10.42%. Five-year ROI measures 153.2% and total cumulative return in cash totals $125,693.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,149/mo property income versus a $1,211/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
9,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40517, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,305 (100%) |
| Owner Occupied HU | 6,738 (34.9%) |
| Renter Occupied HU | 11,295 (58.5%) |
| Vacant Housing Units | 1,272 ( 6.6%) |
| Median Home Value | $224,669 |
| Average Home Value | $262,715 |
Housing Distribution
Address Breakdown
Residential
18,128
Single Family
12,959
Multi-Family
5,169
Businesses
538
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Listed by: J Corey Griffo • Re/Max Elite Lexington
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25004936
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.