500 Rain Garden WayLexingtonKY40511
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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 500 Rain Garden Way, Lexington, KY, 40511 at $250,000 posts ROI 31.26% with $784/mo cash flow from $2,306/mo rent. Total monthly income equals $2,306/mo, and annual cash flow records $9,409/yr on $82,875 to close. Return on cash invested measures 31.26% and rental yield reads 11.07% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 163.65% and total cumulative return in cash totals $135,622.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,306/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2012
5,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40511, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,474 (100%) |
| Owner Occupied HU | 9,139 (55.5%) |
| Renter Occupied HU | 5,858 (35.6%) |
| Vacant Housing Units | 1,477 ( 9.0%) |
| Median Home Value | $269,131 |
| Average Home Value | $324,136 |
Housing Distribution
Address Breakdown
Residential
16,096
Single Family
13,938
Multi-Family
2,158
Businesses
1,062
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Listed by: Derrick Dj Quarles • Exp Realty, LLC
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24022898
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.