309 Chippendale CirLexingtonKY40517
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 309 Chippendale Cir, Lexington, KY, 40517 with 5% annual appreciation on a $429,000 basis while $3,182/mo rent supports operations. Total monthly income totals $3,182/mo and a $2,100/mo payment preserves $571/mo for cash returns. Annual cash flow comes to $6,849/yr on $142,214 deployed, and return on cash invested reaches 24.73% in year one. Equity gained on principal adds $2,768/yr, and five-year appreciation sums $118,525 alongside rental yield of 8.9%. Five-year ROI measures 128.53% and total cumulative return in cash totals $182,785.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,182/mo property income versus a $2,100/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1983
5,641 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40517, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,305 (100%) |
| Owner Occupied HU | 6,738 (34.9%) |
| Renter Occupied HU | 11,295 (58.5%) |
| Vacant Housing Units | 1,272 ( 6.6%) |
| Median Home Value | $224,669 |
| Average Home Value | $262,715 |
Housing Distribution
Address Breakdown
Residential
18,128
Single Family
12,959
Multi-Family
5,169
Businesses
538
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anne Fisher Smith • United Real Estate Bluegrass
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25004849
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.