2184 Cravat PassLexingtonKY40511
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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 2184 Cravat Pass, Lexington, KY, 40511 listed at $493,337 pairs $3,120/mo rent with a $2,415/mo payment to leave $117/mo cash flow. Total monthly income runs $3,120/mo, and annual cash flow reaches $1,405/yr on $163,541 cash to close. Return on cash invested measures 20.77% in year one, and rental yield registers 7.59% at a $493,337 basis. Equity gained on principal adds $3,183/yr, and annual property appreciation at 5% supports $136,300 by year five. Five-year ROI tracks 107.33% and total cumulative return in cash totals $175,528. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,120/mo property income relative to a $2,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
8,982 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40511, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,474 (100%) |
| Owner Occupied HU | 9,139 (55.5%) |
| Renter Occupied HU | 5,858 (35.6%) |
| Vacant Housing Units | 1,477 ( 9.0%) |
| Median Home Value | $269,131 |
| Average Home Value | $324,136 |
Housing Distribution
Address Breakdown
Residential
16,096
Single Family
13,938
Multi-Family
2,158
Businesses
1,062
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