3529 Salisbury DrLexingtonKY40510
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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 3529 Salisbury Dr, Lexington, KY, 40510 generates $3,862/mo in rent, after a $3,377/mo payment. Total monthly income is $3,862/mo. Return on cash invested sits at 18.19% in year one, and rental yield is 6.72% on a $690,000 entry. Equity gained on principal adds $4,452/yr, while 5% annual appreciation builds toward $190,634 over five years. Five-year ROI reaches 93.5% and total cumulative return in cash sums $212,252. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,862/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.99 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40510, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 412 (100%) |
| Owner Occupied HU | 294 (71.4%) |
| Renter Occupied HU | 76 (18.4%) |
| Vacant Housing Units | 42 (10.2%) |
| Median Home Value | $561,275 |
| Average Home Value | $602,551 |
Housing Distribution
Address Breakdown
Residential
321
Single Family
321
Multi-Family
0
Businesses
157
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Listed by: Keri Perez • Bluegrass Property Exchange
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #23004983
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.