2432 Coroneo LnLexingtonKY40509
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 2432 Coroneo Ln, Lexington, KY, 40509 listed at $999,000 pairs $4,196/mo rent with a $4,890/mo payment. Total monthly income runs $4,196/mo. Return on cash invested measures 13.09% in year one, and rental yield registers 5.04% at a $999,000 basis. Equity gained on principal adds $6,446/yr, and annual property appreciation at 5% supports $276,005 by year five. Five-year ROI tracks 66.13% and total cumulative return in cash totals $217,358. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,196/mo property income relative to a $4,890/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
8,833 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40509, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,860 (100%) |
| Owner Occupied HU | 11,449 (54.9%) |
| Renter Occupied HU | 7,813 (37.5%) |
| Vacant Housing Units | 1,598 ( 7.7%) |
| Median Home Value | $368,659 |
| Average Home Value | $416,092 |
Housing Distribution
Address Breakdown
Residential
20,444
Single Family
17,889
Multi-Family
2,555
Businesses
1,544
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carol R Rogers • Commonwealth Realty, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25501341
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.