531 Smith 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 531 Smith St, Lexington, KY, 40508 generates $1,158/mo in rent and, after a $523/mo payment, leaves $508/mo in cash flow. Total monthly income is $1,158/mo, and annual cash flow is $6,091/yr on $35,437 invested. Return on cash invested sits at 37.1% in year one, and rental yield is 13% on a $106,900 entry. Equity gained on principal adds $690/yr, while 5% annual appreciation builds toward $29,535 over five years. Five-year ROI reaches 194.94% and total cumulative return in cash sums $69,082. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,158/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
2,631 sqft lot
$N/A/sqft
No HOA
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Listed by: Andrew Klein • Bluegrass Sotheby's International Realty
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24022193
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