462 Stonehaven DrLexingtonKY40505
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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 462 Stonehaven Dr, Lexington, KY, 40505 priced at $255,000 pairs $1,772/mo rent with $220/mo cash flow after a $1,248/mo payment. Total monthly income equals $1,772/mo, and annual cash flow comes to $2,641/yr on $84,533 invested. Return on cash invested is 23.03% in year one, and rental yield stands at 8.34% on a $255,000 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,452 by year five. Five-year ROI measures 119.51% and total cumulative return in cash reaches $101,024. For financing, Ziffy Mortgage’s DSCR program evaluates $1,772/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
8,398 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40505, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,327 (100%) |
| Owner Occupied HU | 6,200 (50.3%) |
| Renter Occupied HU | 5,201 (42.2%) |
| Vacant Housing Units | 926 ( 7.5%) |
| Median Home Value | $209,219 |
| Average Home Value | $282,644 |
Housing Distribution
Address Breakdown
Residential
11,714
Single Family
10,430
Multi-Family
1,284
Businesses
1,105
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Listed by: Aimee Lemmink • Indigo & Co
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25007002
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.