5023 Old Versailles RdLexingtonKY40510
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Lexington rental at 5023 Old Versailles Rd, Lexington, KY, 40510 sits in the solid-income band: 9.37% gross yield, $1,242/mo rent, $274/mo net after the $715/mo debt service, DSCR 1.74. Entry price of $159,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $43,929 and $1,464/yr in principal reduction bring total cumulative return to $77,879.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 5.2% |
| Monthly Cash Flow | $274 | $385 |
City averages based on Lexington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,242 |
| Total Monthly Debt Service | $904 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.