529 Joel StLexingtonKY40508
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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
Rental property for sale in Lexington at 529 Joel St, Lexington, KY, 40508 priced at $120,000 pairs $1,510/mo rent with $780/mo cash flow after a $587/mo payment. Total monthly income equals $1,510/mo, and annual cash flow comes to $9,360/yr on $39,780 invested. Return on cash invested is 43.44% in year one, and rental yield stands at 15.1% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 228.89% and total cumulative return in cash reaches $91,051. For financing, Ziffy Mortgage’s DSCR program evaluates $1,510/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1995
5,902 sqft lot
$N/A/sqft
No HOA
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Listed by: Mansour Martha • Bluegrass Sotheby's International Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25012771
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.