519 N Lexington AveWilmoreKY40390
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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 Wilmore at 519 N Lexington Ave, Wilmore, KY, 40390 offers a 9.25% rental yield on a $274,000 purchase with $2,111/mo rent. Total monthly income registers $2,111/mo, and a $1,341/mo payment leaves $443/mo available for distribution. Annual cash flow reaches $5,322/yr on $90,831 to close, and return on cash invested stands at 25.77% in year one. Equity gained on principal adds $1,768/yr while 5% annual appreciation supports $75,701 over five years. Portfolio math shows five-year ROI at 134.14% and total cumulative return in cash at $121,845. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,111/mo property income against a $1,341/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40390, Wilmore, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,900 (100%) |
| Owner Occupied HU | 1,776 (61.2%) |
| Renter Occupied HU | 895 (30.9%) |
| Vacant Housing Units | 229 ( 7.9%) |
| Median Home Value | $293,966 |
| Average Home Value | $377,776 |
Housing Distribution
Address Breakdown
Residential
2,560
Single Family
2,422
Multi-Family
138
Businesses
130
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Listed by: Caitlin Mittle • Re/Max Elite Lexington
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25005901
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.