355 S Broadway APT 204LexingtonKY40508
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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 204, Lexington, KY, 40508 earns from $1,894/mo rent with a $2,178/mo payment. Total monthly income totals $1,894/mo. ROI tracks 9.97% on current figures, and rental yield reads 5.11% at a $445,000 purchase. Equity gained on principal adds $2,872/yr, and 5% annual appreciation supports $122,945 over five years. Five-year ROI reaches 50.59% and total cumulative return in cash sums $74,624. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,894/mo property income instead of your personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$408 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Karen L Smith • Emmerich Muzic Realty
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24021591
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