3283 Snaffle 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 3283 Snaffle Rd, Lexington, KY, 40513 offers a 6.41% rental yield on a $583,000 purchase with $3,113/mo rent. 14% in year one. Equity gained on principal adds $3,762/yr while 5% annual appreciation supports $161,072 over five years. Portfolio math shows five-year ROI at 87.91% and total cumulative return in cash at $168,614. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,113/mo property income against a $2,853/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
8,712 sqft lot
$N/A/sqft
$385 annually 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: Pamela H Stilz • Bluegrass Sotheby's International Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25009098
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.