3221 Ridgecane RdLexingtonKY40513
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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 3221 Ridgecane Rd, Lexington, KY, 40513 earns from $2,904/mo rent with a $3,054/mo payment. Total monthly income totals $2,904/mo. ROI tracks 14.84% on current figures, and rental yield reads 5.58% at a $624,000 purchase. Equity gained on principal adds $4,027/yr, and 5% annual appreciation supports $172,400 over five years. Five-year ROI reaches 75.48% and total cumulative return in cash sums $154,967. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,904/mo property income instead of your personal income.
Single Family
Built in 2002
8,450 sqft lot
$N/A/sqft
No 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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