193 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 193 Strawberry Fields Rd, Lexington, KY, 40516 offers a 7.22% rental yield on a $320,000 purchase with $1,926/mo rent. 67% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,410 over five years. Portfolio math shows five-year ROI at 101.41% and total cumulative return in cash at $107,571. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,926/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
4,269 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: Patricia Jenkins • Palmer-Hampton Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25008783
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.