618 N Broadway,Lexington,KY,40508

Investment Highlights

Investment property for sale in Lexington at 618 N Broadway, Lexington, KY, 40508 listed at $635,000 pairs $4,049/mo rent with a $3,108/mo payment to leave $184/mo cash flow. Total monthly income runs $4,049/mo, and annual cash flow reaches $2,211/yr on $208,915 cash to close. Return on cash invested measures 21.12% in year one, and rental yield registers 7.65% at a $635,000 basis. Equity gained on principal adds $4,098/yr, and annual property appreciation at 5% supports $175,439 by year five. Five-year ROI tracks 109.17% and total cumulative return in cash totals $228,068. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,049/mo property income relative to a $3,108/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).