216 Ellemoor LnLexingtonKY40515
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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 216 Ellemoor Ln, Lexington, KY, 40515 uses $88,809 cash to close to unlock $2,553/yr annual cash flow and $213/mo monthly cash flow. Total monthly income runs $1,843/mo, and a $1,311/mo payment keeps the spread at $213/mo. Purchase price stands at $267,900, and rental yield measures 8.26% with $1,843/mo rent. Return on cash invested shows 22.78% in year one, and 5% annual appreciation builds toward $74,016 over five years. Five-year ROI reaches 118.13% and total cumulative return in cash records $104,906. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,843/mo property income covering a $1,311/mo payment rather than investor’s personal income.
Single Family
Built in 1998
3,963 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40515, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,155 (100%) |
| Owner Occupied HU | 9,894 (61.2%) |
| Renter Occupied HU | 5,514 (34.1%) |
| Vacant Housing Units | 747 ( 4.6%) |
| Median Home Value | $336,014 |
| Average Home Value | $391,923 |
Housing Distribution
Address Breakdown
Residential
16,067
Single Family
13,416
Multi-Family
2,651
Businesses
172
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