3905 N Cleveland RdLexingtonKY40516
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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 3905 N Cleveland Rd, Lexington, KY, 40516 offers a 5.27% rental yield on a $1,720,000 purchase with $7,547/mo rent. 08% in year one. Equity gained on principal adds $11,099/yr while 5% annual appreciation supports $475,204 over five years. Portfolio math shows five-year ROI at 71.34% and total cumulative return in cash at $397,570. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,547/mo property income against a $8,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
10.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40516, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,302 (100%) |
| Owner Occupied HU | 903 (69.4%) |
| Renter Occupied HU | 309 (23.7%) |
| Vacant Housing Units | 90 ( 6.9%) |
| Median Home Value | $505,625 |
| Average Home Value | $626,539 |
Housing Distribution
Address Breakdown
Residential
1,167
Single Family
1,167
Multi-Family
0
Businesses
40
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