1929 Alexandria DrLexingtonKY40504
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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 1929 Alexandria Dr, Lexington, KY, 40504 offers a 7.29% rental yield on a $330,000 purchase with $2,006/mo rent. 88% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,173 over five years. Portfolio math shows five-year ROI at 102.57% and total cumulative return in cash at $112,211. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,006/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.29 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
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