535 South St #201LexingtonKY40508
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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 535 South St #201, Lexington, KY, 40508 listed at $340,000 pairs $1,598/mo rent with a $1,664/mo payment. Total monthly income runs $1,598/mo. Return on cash invested measures 11.65% in year one, and rental yield registers 5.64% at a $340,000 basis. Equity gained on principal adds $2,194/yr, and annual property appreciation at 5% supports $93,936 by year five. Five-year ROI tracks 59.57% and total cumulative return in cash totals $67,146. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,598/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2007
914.76 sqft lot
$N/A/sqft
$305 monthly HOA
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Listed by: Juanita Allen • Re/Max Elite Lexington
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25014003
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