377 Nelson AveLexingtonKY40508
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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 377 Nelson Ave, Lexington, KY, 40508 with 5% annual appreciation on a $330,000 basis while $2,755/mo rent supports operations. Total monthly income totals $2,755/mo and a $1,615/mo payment preserves $742/mo for cash returns. Annual cash flow comes to $8,901/yr on $109,395 deployed, and return on cash invested reaches 28.05% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,173 alongside rental yield of 10.02%. Five-year ROI measures 146.35% and total cumulative return in cash totals $160,103.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,755/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2012
4,356 sqft lot
$N/A/sqft
$60 annually HOA
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Listed by: Tara Stivers • Indigo & Co
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25005441
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