331 S Mill St, Lexington, KY, 40508 | 6.13% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lexington at 331 S Mill St, Lexington, KY, 40508 generates $5,003/mo in rent, after a $4,797/mo payment. Total monthly income is $5,003/mo. Return on cash invested sits at 16.48% in year one, and rental yield is 6.13% on a $980,000 entry. Equity gained on principal adds $6,324/yr, while 5% annual appreciation builds toward $270,756 over five years. Five-year ROI reaches 84.29% and total cumulative return in cash sums $271,776. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,003/mo property income rather than buyer’s personal income.

Single Family

Built in 1812

5,902 sqft lot

$N/A/sqft

No HOA