321 Chase PlLexingtonKY40503
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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
Investment property for sale in Lexington at 321 Chase Pl, Lexington, KY, 40503 at $260,000 posts ROI 31.05% with $800/mo cash flow from $2,383/mo rent. Total monthly income equals $2,383/mo, and annual cash flow records $9,602/yr on $86,190 to close. Return on cash invested measures 31.05% and rental yield reads 11% at the current $260,000. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 by year five. Five-year ROI prints 162.5% and total cumulative return in cash totals $140,057.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,383/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
3,659 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40503, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,079 (100%) |
| Owner Occupied HU | 8,306 (63.5%) |
| Renter Occupied HU | 3,967 (30.3%) |
| Vacant Housing Units | 806 ( 6.2%) |
| Median Home Value | $314,365 |
| Average Home Value | $350,290 |
Housing Distribution
Address Breakdown
Residential
12,895
Single Family
11,105
Multi-Family
1,790
Businesses
1,654
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Listed by: Cole T Guthrie • Belmont Realty Group
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25011715
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.