3744 Cottage CirLexingtonKY40513
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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 3744 Cottage Cir, Lexington, KY, 40513 generates $2,120/mo in rent and, after a $1,414/mo payment, leaves $362/mo in cash flow. Total monthly income is $2,120/mo, and annual cash flow is $4,341/yr on $95,770 invested. Return on cash invested sits at 24.44% in year one, and rental yield is 8.81% on a $288,900 entry. Equity gained on principal adds $1,864/yr, while 5% annual appreciation builds toward $79,818 over five years. Five-year ROI reaches 127.01% and total cumulative return in cash sums $121,639. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,120/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
3,815 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40513, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,705 (100%) |
| Owner Occupied HU | 3,507 (74.5%) |
| Renter Occupied HU | 881 (18.7%) |
| Vacant Housing Units | 317 ( 6.7%) |
| Median Home Value | $467,755 |
| Average Home Value | $545,803 |
Housing Distribution
Address Breakdown
Residential
4,585
Single Family
4,014
Multi-Family
571
Businesses
317
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