3504 Roundtable WayLexingtonKY40515
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
Rental property for sale in Lexington at 3504 Roundtable Way, Lexington, KY, 40515 priced at $192,900 pairs $1,559/mo rent with $240/mo cash flow after a $944/mo payment. Total monthly income equals $1,559/mo, and annual cash flow comes to $2,882/yr on $63,946 invested. Return on cash invested is 24.42% in year one, and rental yield stands at 9.7% on a $192,900 basis. Equity gained on principal adds $1,245/yr, and 5% annual appreciation accumulates to $53,295 by year five. Five-year ROI measures 127.92% and total cumulative return in cash reaches $81,803. For financing, Ziffy Mortgage’s DSCR program evaluates $1,559/mo property income against a $944/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1996
2,614 sqft lot
$N/A/sqft
$145 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandy E Allnutt • The Agency
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24022604
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.