5023 Old Versailles RdLexingtonKY40510
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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 5023 Old Versailles Rd, Lexington, KY, 40510 uses $52,709 cash to close to unlock $3,294/yr annual cash flow and $275/mo monthly cash flow. Total monthly income runs $1,242/mo, and a $778/mo payment keeps the spread at $275/mo. Purchase price stands at $159,000, and rental yield measures 9.37% with $1,242/mo rent. Return on cash invested shows 26.16% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 136.24% and total cumulative return in cash records $71,808. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,242/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1834
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40510, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 412 (100%) |
| Owner Occupied HU | 294 (71.4%) |
| Renter Occupied HU | 76 (18.4%) |
| Vacant Housing Units | 42 (10.2%) |
| Median Home Value | $561,275 |
| Average Home Value | $602,551 |
Housing Distribution
Address Breakdown
Residential
321
Single Family
321
Multi-Family
0
Businesses
157
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Listed by: William Childers • Wtc Realty LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24024245
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.