537 Northside DrLexingtonKY40505
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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 537 Northside Dr, Lexington, KY, 40505 at $249,900 posts ROI 29.18% with $640/mo cash flow from $2,161/mo rent. Total monthly income equals $2,161/mo, and annual cash flow records $7,682/yr on $82,842 to close. Return on cash invested measures 29.18% and rental yield reads 10.38% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 152.49% and total cumulative return in cash totals $126,326.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,161/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
10,520 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40505, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,327 (100%) |
| Owner Occupied HU | 6,200 (50.3%) |
| Renter Occupied HU | 5,201 (42.2%) |
| Vacant Housing Units | 926 ( 7.5%) |
| Median Home Value | $209,219 |
| Average Home Value | $282,644 |
Housing Distribution
Address Breakdown
Residential
11,714
Single Family
10,430
Multi-Family
1,284
Businesses
1,105
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Listed by: Jason Wade • National Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25010992
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.