2310 Tulsa RdLexingtonKY40503
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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 2310 Tulsa Rd, Lexington, KY, 40503 offers a 8.85% rental yield on a $433,294 purchase with $3,196/mo rent. Total monthly income registers $3,196/mo, and a $2,121/mo payment leaves $559/mo available for distribution. Annual cash flow reaches $6,704/yr on $143,637 to close, and return on cash invested stands at 24.58% in year one. Equity gained on principal adds $2,796/yr while 5% annual appreciation supports $119,711 over five years. Portfolio math shows five-year ROI at 127.73% and total cumulative return in cash at $183,473. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,196/mo property income against a $2,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40503, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,079 (100%) |
| Owner Occupied HU | 8,306 (63.5%) |
| Renter Occupied HU | 3,967 (30.3%) |
| Vacant Housing Units | 806 ( 6.2%) |
| Median Home Value | $314,365 |
| Average Home Value | $350,290 |
Housing Distribution
Address Breakdown
Residential
12,895
Single Family
11,105
Multi-Family
1,790
Businesses
1,654
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Listed by: Jason Wade • National Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25009611
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.