340 Hightower RdLexingtonKY40517
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 340 Hightower Rd, Lexington, KY, 40517 at $441,900 posts ROI 22.07% with $264/mo cash flow from $2,954/mo rent. Total monthly income equals $2,954/mo, and annual cash flow records $3,173/yr on $146,490 to close. Return on cash invested measures 22.07% and rental yield reads 8.02% at the current $441,900. Equity gained on principal adds $2,852/yr, and 5% annual appreciation supports $122,089 by year five. Five-year ROI prints 114.33% and total cumulative return in cash totals $167,479.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,954/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1971
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40517, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,305 (100%) |
| Owner Occupied HU | 6,738 (34.9%) |
| Renter Occupied HU | 11,295 (58.5%) |
| Vacant Housing Units | 1,272 ( 6.6%) |
| Median Home Value | $224,669 |
| Average Home Value | $262,715 |
Housing Distribution
Address Breakdown
Residential
18,128
Single Family
12,959
Multi-Family
5,169
Businesses
538
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices