3101 Kirklevington Dr APT 230LexingtonKY40517
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 3101 Kirklevington Dr APT 230, Lexington, KY, 40517 uses $74,554 cash to close to unlock $4,164/yr annual cash flow and $347/mo monthly cash flow. Total monthly income runs $1,836/mo, and a $1,101/mo payment keeps the spread at $347/mo. Purchase price stands at $224,900, and rental yield measures 9.8% with $1,836/mo rent. Return on cash invested shows 25.49% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 133.35% and total cumulative return in cash records $99,421. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,836/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Townhouse
Built in 1995
2,178 sqft lot
$N/A/sqft
$120 monthly 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: Holly A Nutter • Bluegrass Properties Group
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25017416
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.