701 McCalls Mill RdLexingtonKY40515
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play701 McCalls Mill Rd, Lexington, KY, 40515 in Lexington is priced for appreciation, not yield. Rental yield 2.99%. At $1,875,000 with a 2.99% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $518,028 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.48) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $238,289.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3% | 5.2% |
| Monthly Cash Flow | $(6,734) | $385 |
City averages based on Lexington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,079 |
| Total Monthly Debt Service | $10,666 |
| DSCR Ratio | 0.38x |
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 1990
22.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40515, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,155 (100%) |
| Owner Occupied HU | 9,894 (61.2%) |
| Renter Occupied HU | 5,514 (34.1%) |
| Vacant Housing Units | 747 ( 4.6%) |
| Median Home Value | $336,014 |
| Average Home Value | $391,923 |
Housing Distribution
Address Breakdown
Residential
16,067
Single Family
13,416
Multi-Family
2,651
Businesses
172
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 1990
22.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40515, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,155 (100%) |
| Owner Occupied HU | 9,894 (61.2%) |
| Renter Occupied HU | 5,514 (34.1%) |
| Vacant Housing Units | 747 ( 4.6%) |
| Median Home Value | $336,014 |
| Average Home Value | $391,923 |
Housing Distribution
Address Breakdown
Residential
16,067
Single Family
13,416
Multi-Family
2,651
Businesses
172
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bill G Bell • Justice Real Estate
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25007361
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.