359 Stratford DrLexingtonKY40503
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
Investment property for sale in Lexington at 359 Stratford Dr, Lexington, KY, 40503 earns $73/mo cash flow from $1,990/mo rent with a $1,542/mo payment. Total monthly income totals $1,990/mo, and annual cash flow totals $871/yr on $104,423 capital. ROI tracks 20.74% on current figures, and rental yield reads 7.58% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 107.2% and total cumulative return in cash sums $111,941. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,990/mo property income instead of your personal income.
Single Family
Built in 1952
8,999 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sheridan A Sims • Keller Williams Commonwealth
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25010680
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.