250 S Martin Luther King Blvd UNIT 312LexingtonKY40507
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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 250 S Martin Luther King Blvd UNIT 312, Lexington, KY, 40507 earns $546/mo cash flow from $1,837/mo rent with a $1,038/mo payment. Total monthly income totals $1,837/mo, and annual cash flow totals $6,556/yr on $70,278 capital. ROI tracks 29.24% on current figures, and rental yield reads 10.4% at a $212,000 purchase. Equity gained on principal adds $1,368/yr, and 5% annual appreciation supports $58,572 over five years. Five-year ROI reaches 152.78% and total cumulative return in cash sums $107,371. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,837/mo property income instead of your personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40507, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,730 (100%) |
| Owner Occupied HU | 326 (18.8%) |
| Renter Occupied HU | 1,141 (66.0%) |
| Vacant Housing Units | 263 (15.2%) |
| Median Home Value | $573,684 |
| Average Home Value | $651,825 |
Housing Distribution
Address Breakdown
Residential
2,575
Single Family
1,585
Multi-Family
990
Businesses
756
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Listed by: George E Natour • Keller Williams Commonwealth
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25010543
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.