2316 Valencia 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
Rental property for sale in Lexington at 2316 Valencia Dr, Lexington, KY, 40513 priced at $429,000 converts $2,952/mo rent into $341/mo cash flow after a $2,100/mo obligation. Total monthly income equals $2,952/mo, and annual cash flow totals $4,089/yr on $142,214 invested. Return on cash invested prints 22.78% in year one, and rental yield reads 8.26% against a $429,000 entry. Equity gained on principal adds $2,768/yr, while 5% annual appreciation compiles into $118,525 by year five. Five-year ROI reaches 118.12% and total cumulative return in cash sums $167,977. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,952/mo property income covering a $2,100/mo payment, not borrower’s personal income.
Single Family
Built in 2000
4,486 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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