5873 Ware RdLexingtonKY40516
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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 5873 Ware Rd, Lexington, KY, 40516 earns from $1,904/mo rent with a $4,645/mo payment. Total monthly income totals $1,904/mo. ROI tracks 5.18% on current figures, and rental yield reads 2.41% at a $949,000 purchase. Equity gained on principal adds $6,124/yr, and 5% annual appreciation supports $262,191 over five years. Five-year ROI reaches 23.69% and total cumulative return in cash sums $73,980. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,904/mo property income instead of your personal income.
Manufactured
Built in 2013
55.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40516, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,302 (100%) |
| Owner Occupied HU | 903 (69.4%) |
| Renter Occupied HU | 309 (23.7%) |
| Vacant Housing Units | 90 ( 6.9%) |
| Median Home Value | $505,625 |
| Average Home Value | $626,539 |
Housing Distribution
Address Breakdown
Residential
1,167
Single Family
1,167
Multi-Family
0
Businesses
40
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Listed by: Whitney Ann Ensor • Ensor Real Estate, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25006239
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.