4013 Clearwater WayLexingtonKY40515
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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 4013 Clearwater Way, Lexington, KY, 40515 uses $131,771 cash to close to unlock $3,750/yr annual cash flow and $312/mo monthly cash flow. Total monthly income runs $2,778/mo, and a $1,946/mo payment keeps the spread at $312/mo. Purchase price stands at $397,500, and rental yield measures 8.39% with $2,778/mo rent. Return on cash invested shows 22.75% in year one, and 5% annual appreciation builds toward $109,822 over five years. Five-year ROI reaches 118.13% and total cumulative return in cash records $155,663. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,778/mo property income covering a $1,946/mo payment rather than investor’s personal income.
Single Family
Built in 1998
7,962 sqft lot
$N/A/sqft
$550 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40515, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,155 (100%) |
| Owner Occupied HU | 9,894 (61.2%) |
| Renter Occupied HU | 5,514 (34.1%) |
| Vacant Housing Units | 747 ( 4.6%) |
| Median Home Value | $336,014 |
| Average Home Value | $391,923 |
Housing Distribution
Address Breakdown
Residential
16,067
Single Family
13,416
Multi-Family
2,651
Businesses
172
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Listed by: Lukas Owens • The Brokerage
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25011730
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.