628 W Short StLexingtonKY40508
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 628 W Short St, Lexington, KY, 40508 in Lexington is capital appreciation. Rental yield 5.2%. The 5.2% gross yield at $825,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $227,932 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (1.20) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $276,896.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 5.2% |
| Monthly Cash Flow | $(1,523) | $385 |
City averages based on Lexington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,469 |
| Total Monthly Debt Service | $4,693 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1810
4,543 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1810
4,543 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rusty Underwood • Christies International Real Estate Bluegrass
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25006553
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.