4336 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
Rental property for sale in Lexington at 4336 Clearwater Way, Lexington, KY, 40515 priced at $319,900 converts $1,863/mo rent into after a $1,566/mo obligation. Total monthly income equals $1,863/mo. Return on cash invested prints 18.7% in year one, and rental yield reads 6.99% against a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation compiles into $88,382 by year five. Five-year ROI reaches 96.3% and total cumulative return in cash sums $102,128. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,863/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Townhouse
Built in 2004
5,205 sqft lot
$N/A/sqft
$275 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: Rebecca Griggs-Kundinger • Southern Charm Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25010178
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.