704 Pioneer LnLexingtonKY40505
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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 704 Pioneer Ln, Lexington, KY, 40505 with 5% annual appreciation on a $236,500 basis while $1,963/mo rent supports operations. Total monthly income totals $1,963/mo and a $1,158/mo payment preserves $523/mo for cash returns. Annual cash flow comes to $6,278/yr on $78,400 deployed, and return on cash invested reaches 27.92% in year one. Equity gained on principal adds $1,526/yr, and five-year appreciation sums $65,341 alongside rental yield of 9.96%. Five-year ROI measures 145.71% and total cumulative return in cash totals $114,235.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,963/mo property income versus a $1,158/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40505, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,327 (100%) |
| Owner Occupied HU | 6,200 (50.3%) |
| Renter Occupied HU | 5,201 (42.2%) |
| Vacant Housing Units | 926 ( 7.5%) |
| Median Home Value | $209,219 |
| Average Home Value | $282,644 |
Housing Distribution
Address Breakdown
Residential
11,714
Single Family
10,430
Multi-Family
1,284
Businesses
1,105
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