2012 Planters CtLexingtonKY40514
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 2012 Planters Ct, Lexington, KY, 40514 in Lexington delivers $2,367/mo in gross rent and $359/mo in net monthly income at a $329,900 entry. The 8.61% yield and 1.60 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $91,145 over five years and $3,038/yr in equity from loan paydown, total projected return is $148,087.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 5.2% |
| Monthly Cash Flow | $359 | $385 |
City averages based on Lexington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,367 |
| Total Monthly Debt Service | $1,877 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1987
8,629 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40514, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,690 (100%) |
| Owner Occupied HU | 4,981 (74.5%) |
| Renter Occupied HU | 1,523 (22.8%) |
| Vacant Housing Units | 186 ( 2.8%) |
| Median Home Value | $318,637 |
| Average Home Value | $355,400 |
Housing Distribution
Address Breakdown
Residential
6,661
Single Family
6,172
Multi-Family
489
Businesses
71
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 1987
8,629 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40514, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,690 (100%) |
| Owner Occupied HU | 4,981 (74.5%) |
| Renter Occupied HU | 1,523 (22.8%) |
| Vacant Housing Units | 186 ( 2.8%) |
| Median Home Value | $318,637 |
| Average Home Value | $355,400 |
Housing Distribution
Address Breakdown
Residential
6,661
Single Family
6,172
Multi-Family
489
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Turner McHolan • RE/MAX Elite Lexington
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25013044
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.