2228 Mangrove DrLexingtonKY40513
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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 2228 Mangrove Dr, Lexington, KY, 40513 earns $577/mo cash flow from $3,712/mo rent with a $2,521/mo payment. Total monthly income totals $3,712/mo, and annual cash flow totals $6,927/yr on $169,435 capital. ROI tracks 24.15% on current figures, and rental yield reads 8.65% at a $515,000 purchase. Equity gained on principal adds $3,323/yr, and 5% annual appreciation supports $142,285 over five years. Five-year ROI reaches 125.43% and total cumulative return in cash sums $212,521. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,712/mo property income instead of your personal income.
Single Family
Built in 1992
0.41 Acres 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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