517 Joel St,Lexington,KY,40508

Investment Highlights

Rental property for sale in Lexington at 517 Joel St, Lexington, KY, 40508 offers $967/mo rent that, after a $612/mo payment, leaves $206/mo cash flow. Total monthly income is $967/mo, and annual cash flow is $2,472/yr on $41,438 cash. Return on cash invested measures 25.88% in year one, and rental yield stands at 9.28% at a $125,000 entry. Equity gained on principal adds $807/yr while 5% annual appreciation compounds into $34,535 by year five. Five-year ROI records 134.85% and total cumulative return in cash reaches $55,877. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $967/mo property income versus a $612/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.