2209 Burns CtLexingtonKY40513
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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 2209 Burns Ct, Lexington, KY, 40513 listed at $609,900 pairs $3,296/mo rent with a $2,985/mo payment. Total monthly income runs $3,296/mo. Return on cash invested measures 17.57% in year one, and rental yield registers 6.48% at a $609,900 basis. Equity gained on principal adds $3,936/yr, and annual property appreciation at 5% supports $168,504 by year five. Five-year ROI tracks 90.16% and total cumulative return in cash totals $180,912. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,296/mo property income relative to a $2,985/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40513, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,705 (100%) |
| Owner Occupied HU | 3,507 (74.5%) |
| Renter Occupied HU | 881 (18.7%) |
| Vacant Housing Units | 317 ( 6.7%) |
| Median Home Value | $467,755 |
| Average Home Value | $545,803 |
Housing Distribution
Address Breakdown
Residential
4,585
Single Family
4,014
Multi-Family
571
Businesses
317
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