3313 Beacon StLexingtonKY40513
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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 3313 Beacon St, Lexington, KY, 40513 priced at $578,000 converts $3,083/mo rent into after a $2,829/mo obligation. Total monthly income equals $3,083/mo. Return on cash invested prints 14.89% in year one, and rental yield reads 6.4% against a $578,000 entry. Equity gained on principal adds $3,730/yr, while 5% annual appreciation compiles into $159,691 by year five. Five-year ROI reaches 76.64% and total cumulative return in cash sums $145,745. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,083/mo property income covering a $2,829/mo payment, not borrower’s personal income.
Townhouse
Built in 2010
5,449 sqft lot
$N/A/sqft
$385 monthly 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: Donna R Elder • Re/Max Creative Realty
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24024114
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.