3202 Beacon StLexingtonKY40513
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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 3202 Beacon St, Lexington, KY, 40513 generates $3,097/mo in rent, after a $2,702/mo payment. Total monthly income is $3,097/mo. Return on cash invested sits at 16.01% in year one, and rental yield is 6.73% on a $552,000 entry. Equity gained on principal adds $3,562/yr, while 5% annual appreciation builds toward $152,507 over five years. Five-year ROI reaches 82.63% and total cumulative return in cash sums $150,062. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,097/mo property income rather than buyer’s personal income.
Townhouse
Built in 2015
3,659 sqft lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40513, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,705 (100%) |
| Owner Occupied HU | 3,507 (74.5%) |
| Renter Occupied HU | 881 (18.7%) |
| Vacant Housing Units | 317 ( 6.7%) |
| Median Home Value | $467,755 |
| Average Home Value | $545,803 |
Housing Distribution
Address Breakdown
Residential
4,585
Single Family
4,014
Multi-Family
571
Businesses
317
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Listed by: Melinda Duncan • RE/MAX Creative Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25017996
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.