3452 Promenade DrLexingtonKY40515
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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
Investment property for sale in Lexington at 3452 Promenade Dr, Lexington, KY, 40515 earns $543/mo cash flow from $2,302/mo rent with a $1,415/mo payment. Total monthly income totals $2,302/mo, and annual cash flow totals $6,511/yr on $95,804 capital. ROI tracks 26.71% on current figures, and rental yield reads 9.56% at a $289,000 purchase. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 over five years. Five-year ROI reaches 139.17% and total cumulative return in cash sums $133,334. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,302/mo property income instead of your personal income.
Single Family
Built in 1989
8,232 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40515, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,155 (100%) |
| Owner Occupied HU | 9,894 (61.2%) |
| Renter Occupied HU | 5,514 (34.1%) |
| Vacant Housing Units | 747 ( 4.6%) |
| Median Home Value | $336,014 |
| Average Home Value | $391,923 |
Housing Distribution
Address Breakdown
Residential
16,067
Single Family
13,416
Multi-Family
2,651
Businesses
172
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