2613 CalgaryLexingtonKY40509
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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 2613 Calgary, Lexington, KY, 40509 priced at $269,000 converts $2,092/mo rent into $454/mo cash flow after a $1,317/mo obligation. Total monthly income equals $2,092/mo, and annual cash flow totals $5,453/yr on $89,174 invested. Return on cash invested prints 26.02% in year one, and rental yield reads 9.33% against a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation compiles into $74,320 by year five. Five-year ROI reaches 135.52% and total cumulative return in cash sums $120,851. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,092/mo property income covering a $1,317/mo payment, not borrower’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No 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
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Listed by: Rachel Crabtree • Guide Realty, Inc.
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25006905
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.