346 E 2nd StLexingtonKY40508
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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 346 E 2nd St, Lexington, KY, 40508 earns $677/mo cash flow from $1,590/mo rent with a $734/mo payment. Total monthly income totals $1,590/mo, and annual cash flow totals $8,127/yr on $49,725 capital. ROI tracks 36.25% on current figures, and rental yield reads 12.72% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 190.44% and total cumulative return in cash sums $94,698. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,590/mo property income instead of your personal income.
Multi Family
Built in 1959
2,787 sqft lot
$N/A/sqft
No HOA
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Listed by: Amy Jo Henderson • Guide Realty, Inc.
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24004578
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.