3312 Higgens CtLexingtonKY40513
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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 3312 Higgens Ct, Lexington, KY, 40513 priced at $750,000 pairs $3,410/mo rent with after a $3,671/mo payment. Total monthly income equals $3,410/mo. Return on cash invested is 14.44% in year one, and rental yield stands at 5.46% on a $750,000 basis. Equity gained on principal adds $4,840/yr, and 5% annual appreciation accumulates to $207,211 by year five. Five-year ROI measures 73.38% and total cumulative return in cash reaches $181,062. For financing, Ziffy Mortgage’s DSCR program evaluates $3,410/mo property income against a $3,671/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
8,673 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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Listed by: John L Sanders • Rector Hayden Realtors
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25005497
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.