311 Johns Turn TrlLexingtonKY40514
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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 311 Johns Turn Trl, Lexington, KY, 40514 offers $1,748/mo rent that, after a $1,101/mo payment, leaves $289/mo cash flow. Total monthly income is $1,748/mo, and annual cash flow is $3,468/yr on $74,554 cash. Return on cash invested measures 24.56% in year one, and rental yield stands at 9.33% at a $224,900 entry. Equity gained on principal adds $1,451/yr while 5% annual appreciation compounds into $62,136 by year five. Five-year ROI records 128.17% and total cumulative return in cash reaches $95,557. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,748/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
2,526 sqft lot
$N/A/sqft
$90 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40514, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,690 (100%) |
| Owner Occupied HU | 4,981 (74.5%) |
| Renter Occupied HU | 1,523 (22.8%) |
| Vacant Housing Units | 186 ( 2.8%) |
| Median Home Value | $318,637 |
| Average Home Value | $355,400 |
Housing Distribution
Address Breakdown
Residential
6,661
Single Family
6,172
Multi-Family
489
Businesses
71
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Listed by: Maggie C Taylor • Re/Max Creative Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25013590
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.