385 S Upper StLexingtonKY40508
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 385 S Upper St, Lexington, KY, 40508 with 5% annual appreciation on a $940,000 basis while $1,914/mo rent supports operations. 29% in year one. Equity gained on principal adds $6,066/yr, and five-year appreciation sums $259,705 alongside rental yield of 2.44%. Five-year ROI measures 24.26% and total cumulative return in cash totals $75,018. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,914/mo property income versus a $4,601/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Zach Johnson • The Brokerage
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25010516
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.