2209 Olmstead 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
Total monthly income runs $5,189/mo, and a $4,772/mo payment. Purchase price stands at $975,000, and rental yield measures 6.39% with $5,189/mo rent. Return on cash invested shows 17.15% in year one, and 5% annual appreciation builds toward $269,375 over five years. Five-year ROI reaches 87.93% and total cumulative return in cash records $282,063. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,189/mo property income covering a $4,772/mo payment rather than investor’s personal income.
Single Family
Built in 2002
0.35 Acres lot
$N/A/sqft
$395 annually 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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Listed by: Denise Patrick • Re/Max Creative Realty
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24020494
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.