395 Redding Rd APT 19LexingtonKY40517
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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
Total monthly income runs $2,926/mo, and a $1,914/mo payment. Purchase price stands at $391,000, and rental yield measures 8.98% with $2,926/mo rent. Return on cash invested shows 19.72% in year one, and 5% annual appreciation builds toward $108,026 over five years. Five-year ROI reaches 103.64% and total cumulative return in cash records $134,338. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,926/mo property income covering a $1,914/mo payment rather than investor’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
$566 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40517, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,305 (100%) |
| Owner Occupied HU | 6,738 (34.9%) |
| Renter Occupied HU | 11,295 (58.5%) |
| Vacant Housing Units | 1,272 ( 6.6%) |
| Median Home Value | $224,669 |
| Average Home Value | $262,715 |
Housing Distribution
Address Breakdown
Residential
18,128
Single Family
12,959
Multi-Family
5,169
Businesses
538
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Listed by: Beth Bell Brown • Rector Hayden Realtors
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25011026
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.