222 Bolivar St UNIT 210LexingtonKY40505
Nearby investment properties with comparable rents
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 222 Bolivar St UNIT 210, Lexington, KY, 40505 earns $200/mo cash flow from $1,411/mo rent with a $974/mo payment. Total monthly income totals $1,411/mo, and annual cash flow totals $2,398/yr on $65,969 capital. ROI tracks 23.54% on current figures, and rental yield reads 8.51% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 122.18% and total cumulative return in cash sums $80,598. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,411/mo property income instead of your personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40505, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,327 (100%) |
| Owner Occupied HU | 6,200 (50.3%) |
| Renter Occupied HU | 5,201 (42.2%) |
| Vacant Housing Units | 926 ( 7.5%) |
| Median Home Value | $209,219 |
| Average Home Value | $282,644 |
Housing Distribution
Address Breakdown
Residential
11,714
Single Family
10,430
Multi-Family
1,284
Businesses
1,105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices