321 S Mill StLexingtonKY40508
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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 321 S Mill St, Lexington, KY, 40508 priced at $179,000 pairs $1,541/mo rent with $452/mo cash flow after a $876/mo payment. Total monthly income equals $1,541/mo, and annual cash flow comes to $5,420/yr on $59,339 invested. Return on cash invested is 29.04% in year one, and rental yield stands at 10.33% on a $179,000 basis. Equity gained on principal adds $1,155/yr, and 5% annual appreciation accumulates to $49,454 by year five. Five-year ROI measures 151.72% and total cumulative return in cash reaches $90,027. For financing, Ziffy Mortgage’s DSCR program evaluates $1,541/mo property income against a $876/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
3,882 sqft lot
$N/A/sqft
No HOA
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Listed by: Jane C Pappas • Keller Williams Bluegrass Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25006628
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