2104 Stedman DrLexingtonKY40514
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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
Investment Highlights
Investment property for sale in Lexington at 2104 Stedman Dr, Lexington, KY, 40514 at $424,900 posts ROI 30.53% with $1,247/mo cash flow from $3,833/mo rent. Total monthly income equals $3,833/mo, and annual cash flow records $14,960/yr on $140,854 to close. Return on cash invested measures 30.53% and rental yield reads 10.83% at the current $424,900. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,392 by year five. Five-year ROI prints 159.66% and total cumulative return in cash totals $224,889.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,833/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
8,259 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
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Listed by: K Meredith Lane • Bluegrass Sotheby's International Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25005404
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.