474 W 3rd StLexingtonKY40508
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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 474 W 3rd St, Lexington, KY, 40508 earns from $5,400/mo rent with a $6,008/mo payment. Total monthly income totals $5,400/mo. ROI tracks 14.12% on current figures, and rental yield reads 5.28% at a $1,227,500 purchase. Equity gained on principal adds $7,921/yr, and 5% annual appreciation supports $339,136 over five years. Five-year ROI reaches 71.58% and total cumulative return in cash sums $284,681. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,400/mo property income instead of your personal income.
Single Family
Built in 1880
6,747 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Brian T Webb • Redfin
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24018811
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.