1872 Farmview DrLexingtonKY40515
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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 1872 Farmview Dr, Lexington, KY, 40515 uses $116,025 cash to close to unlock $6,936/yr annual cash flow and $578/mo monthly cash flow. Total monthly income runs $2,716/mo, and a $1,713/mo payment keeps the spread at $578/mo. Purchase price stands at $350,000, and rental yield measures 9.31% with $2,716/mo rent. Return on cash invested shows 25.89% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 134.78% and total cumulative return in cash records $156,374. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,716/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.49 Acres lot
$N/A/sqft
$95 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40515, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,155 (100%) |
| Owner Occupied HU | 9,894 (61.2%) |
| Renter Occupied HU | 5,514 (34.1%) |
| Vacant Housing Units | 747 ( 4.6%) |
| Median Home Value | $336,014 |
| Average Home Value | $391,923 |
Housing Distribution
Address Breakdown
Residential
16,067
Single Family
13,416
Multi-Family
2,651
Businesses
172
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Listed by: Michael Martin • The Brokerage
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25010736
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.