3540 Cornwall DrLexingtonKY40503
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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
Total monthly income runs $2,755/mo, and a $2,545/mo payment. Purchase price stands at $520,000, and rental yield measures 6.36% with $2,755/mo rent. Return on cash invested shows 17.19% in year one, and 5% annual appreciation builds toward $143,666 over five years. Five-year ROI reaches 88.08% and total cumulative return in cash records $150,695. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,755/mo property income covering a $2,545/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40503, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,079 (100%) |
| Owner Occupied HU | 8,306 (63.5%) |
| Renter Occupied HU | 3,967 (30.3%) |
| Vacant Housing Units | 806 ( 6.2%) |
| Median Home Value | $314,365 |
| Average Home Value | $350,290 |
Housing Distribution
Address Breakdown
Residential
12,895
Single Family
11,105
Multi-Family
1,790
Businesses
1,654
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Listed by: Christina M Dudek • Coldwell Banker Mcmahan
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25011210
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.