3089 Maddie LnLexingtonKY40511
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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 3089 Maddie Ln, Lexington, KY, 40511 generates $2,206/mo in rent and, after a $1,444/mo payment, leaves $400/mo in cash flow. Total monthly income is $2,206/mo, and annual cash flow is $4,806/yr on $97,793 invested. Return on cash invested sits at 24.82% in year one, and rental yield is 8.97% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 129.12% and total cumulative return in cash sums $126,266. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,206/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
4,399 sqft lot
$N/A/sqft
$120 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40511, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,474 (100%) |
| Owner Occupied HU | 9,139 (55.5%) |
| Renter Occupied HU | 5,858 (35.6%) |
| Vacant Housing Units | 1,477 ( 9.0%) |
| Median Home Value | $269,131 |
| Average Home Value | $324,136 |
Housing Distribution
Address Breakdown
Residential
16,096
Single Family
13,938
Multi-Family
2,158
Businesses
1,062
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Listed by: Brandon Feltner • Kentucky Land and Home
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25008732
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.