1911 Parkers Mill RdLexingtonKY40504
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Lexington at 1911 Parkers Mill Rd, Lexington, KY, 40504 projects strong ROI of 4.21%. Rental yield 2.09%. With 5% annual appreciation, the property builds $712,806 in value over five years. Equity growth combined delivers a projected five-year ROI of 35.18%, translating into $256,409 in total cumulative return on $728,850 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.1% | 5.2% |
| Monthly Cash Flow | $(11,200) | $385 |
City averages based on Lexington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,502 |
| Total Monthly Debt Service | $14,676 |
| DSCR Ratio | 0.31x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2008
2.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40504, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,639 (100%) |
| Owner Occupied HU | 4,439 (35.1%) |
| Renter Occupied HU | 7,082 (56.0%) |
| Vacant Housing Units | 1,118 ( 8.8%) |
| Median Home Value | $243,671 |
| Average Home Value | $307,685 |
Housing Distribution
Address Breakdown
Residential
12,467
Single Family
9,235
Multi-Family
3,232
Businesses
858
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
Single Family
Built in 2008
2.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40504, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,639 (100%) |
| Owner Occupied HU | 4,439 (35.1%) |
| Renter Occupied HU | 7,082 (56.0%) |
| Vacant Housing Units | 1,118 ( 8.8%) |
| Median Home Value | $243,671 |
| Average Home Value | $307,685 |
Housing Distribution
Address Breakdown
Residential
12,467
Single Family
9,235
Multi-Family
3,232
Businesses
858
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices