310 Browns Mill RdLexingtonKY40511
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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 310 Browns Mill Rd, Lexington, KY, 40511 priced at $929,000 converts $3,154/mo rent into after a $4,547/mo obligation. Total monthly income equals $3,154/mo. Return on cash invested prints 10.24% in year one, and rental yield reads 4.07% against a $929,000 entry. Equity gained on principal adds $5,995/yr, while 5% annual appreciation compiles into $256,666 by year five. Five-year ROI reaches 50.84% and total cumulative return in cash sums $155,384. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,154/mo property income covering a $4,547/mo payment, not borrower’s personal income.
Single Family
Built in 1992
5 Acres lot
$N/A/sqft
No 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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