355 S Broadway APT 102LexingtonKY40508
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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 355 S Broadway APT 102, Lexington, KY, 40508 earns from $1,598/mo rent with a $3,225/mo payment. Total monthly income totals $1,598/mo. ROI tracks 3.41% on current figures, and rental yield reads 2.91% at a $659,000 purchase. Equity gained on principal adds $4,252/yr, and 5% annual appreciation supports $182,070 over five years. Five-year ROI reaches 15.4% and total cumulative return in cash sums $33,379. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,598/mo property income instead of your personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$596 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Lynne Sneed • Lynne Sneed Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25012960
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