545 Newbury WayLexingtonKY40514
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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 545 Newbury Way, Lexington, KY, 40514 priced at $413,000 pairs $2,460/mo rent with after a $2,021/mo payment. Total monthly income equals $2,460/mo. Return on cash invested is 19.44% in year one, and rental yield stands at 7.15% on a $413,000 basis. Equity gained on principal adds $2,665/yr, and 5% annual appreciation accumulates to $114,104 by year five. Five-year ROI measures 100.2% and total cumulative return in cash reaches $137,177. For financing, Ziffy Mortgage’s DSCR program evaluates $2,460/mo property income against a $2,021/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
4,948 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40514, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,690 (100%) |
| Owner Occupied HU | 4,981 (74.5%) |
| Renter Occupied HU | 1,523 (22.8%) |
| Vacant Housing Units | 186 ( 2.8%) |
| Median Home Value | $318,637 |
| Average Home Value | $355,400 |
Housing Distribution
Address Breakdown
Residential
6,661
Single Family
6,172
Multi-Family
489
Businesses
71
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