505 Whitfield DrLexingtonKY40515
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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 505 Whitfield Dr, Lexington, KY, 40515 uses $150,833 cash to close to unlock $2,548/yr annual cash flow and $212/mo monthly cash flow. Total monthly income runs $3,017/mo, and a $2,227/mo payment keeps the spread at $212/mo. Purchase price stands at $455,000, and rental yield measures 7.96% with $3,017/mo rent. Return on cash invested shows 21.6% in year one, and 5% annual appreciation builds toward $125,708 over five years. Five-year ROI reaches 111.89% and total cumulative return in cash records $168,760. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,017/mo property income covering a $2,227/mo payment rather than investor’s personal income.
Single Family
Built in 2005
7,179 sqft lot
$N/A/sqft
$425 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40515, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,155 (100%) |
| Owner Occupied HU | 9,894 (61.2%) |
| Renter Occupied HU | 5,514 (34.1%) |
| Vacant Housing Units | 747 ( 4.6%) |
| Median Home Value | $336,014 |
| Average Home Value | $391,923 |
Housing Distribution
Address Breakdown
Residential
16,067
Single Family
13,416
Multi-Family
2,651
Businesses
172
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Listed by: Kristen Dixon • National Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25010189
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.