636 W Short StLexingtonKY40508
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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 636 W Short St, Lexington, KY, 40508 priced at $799,900 converts $2,646/mo rent into after a $3,915/mo obligation. Total monthly income equals $2,646/mo. Return on cash invested prints 9.93% in year one, and rental yield reads 3.97% against a $799,900 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation compiles into $220,998 by year five. Five-year ROI reaches 49.14% and total cumulative return in cash sums $129,324. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,646/mo property income covering a $3,915/mo payment, not borrower’s personal income.
Single Family
Built in 1814
4,364 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Fred Kamdar • Lifstyl Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25008003
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