3449 Belvoir DrLexingtonKY40502
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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 3449 Belvoir Dr, Lexington, KY, 40502 priced at $400,000 converts $3,127/mo rent into $692/mo cash flow after a $1,958/mo obligation. Total monthly income equals $3,127/mo, and annual cash flow totals $8,308/yr on $132,600 invested. Return on cash invested prints 26.17% in year one, and rental yield reads 9.38% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 136.32% and total cumulative return in cash sums $180,760. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,127/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 1961
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40502, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,855 (100%) |
| Owner Occupied HU | 7,233 (52.2%) |
| Renter Occupied HU | 5,353 (38.6%) |
| Vacant Housing Units | 1,269 ( 9.2%) |
| Median Home Value | $506,048 |
| Average Home Value | $586,370 |
Housing Distribution
Address Breakdown
Residential
13,244
Single Family
10,478
Multi-Family
2,766
Businesses
624
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Listed by: Donna R Elder • RE/MAX Creative Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25010033
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.