612 Silver Springs DrLexingtonKY40511
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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 612 Silver Springs Dr, Lexington, KY, 40511 earns $451/mo cash flow from $2,725/mo rent with a $1,728/mo payment. Total monthly income totals $2,725/mo, and annual cash flow totals $5,416/yr on $117,020 capital. ROI tracks 24.54% on current figures, and rental yield reads 9.26% at a $353,000 purchase. Equity gained on principal adds $2,278/yr, and 5% annual appreciation supports $97,527 over five years. Five-year ROI reaches 128.01% and total cumulative return in cash sums $149,792. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,725/mo property income instead of your personal income.
Townhouse
Built in 2023
3,049 sqft lot
$N/A/sqft
$125 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40511, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,474 (100%) |
| Owner Occupied HU | 9,139 (55.5%) |
| Renter Occupied HU | 5,858 (35.6%) |
| Vacant Housing Units | 1,477 ( 9.0%) |
| Median Home Value | $269,131 |
| Average Home Value | $324,136 |
Housing Distribution
Address Breakdown
Residential
16,096
Single Family
13,938
Multi-Family
2,158
Businesses
1,062
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Listed by: Rusty Underwood • Christie's International Real Estate Bluegrass
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24017261
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.