3204 Kettering CtLexingtonKY40509
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 3204 Kettering Ct, Lexington, KY, 40509 in Lexington at $616,500. Rental yield 7.15%. The 7.15% yield and 1.32 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $170,328 by year five, and $5,678/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $223,767.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 5.2% |
| Monthly Cash Flow | $(157) | $385 |
City averages based on Lexington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,672 |
| Total Monthly Debt Service | $3,583 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1990
8,367 sqft lot
$N/A/sqft
$919 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40509, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,860 (100%) |
| Owner Occupied HU | 11,449 (54.9%) |
| Renter Occupied HU | 7,813 (37.5%) |
| Vacant Housing Units | 1,598 ( 7.7%) |
| Median Home Value | $368,659 |
| Average Home Value | $416,092 |
Housing Distribution
Address Breakdown
Residential
20,444
Single Family
17,889
Multi-Family
2,555
Businesses
1,544
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
Single Family
Built in 1990
8,367 sqft lot
$N/A/sqft
$919 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40509, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,860 (100%) |
| Owner Occupied HU | 11,449 (54.9%) |
| Renter Occupied HU | 7,813 (37.5%) |
| Vacant Housing Units | 1,598 ( 7.7%) |
| Median Home Value | $368,659 |
| Average Home Value | $416,092 |
Housing Distribution
Address Breakdown
Residential
20,444
Single Family
17,889
Multi-Family
2,555
Businesses
1,544
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emily Miller • Bluegrass Sotheby's International Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25018652
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.