708 Clayvis CtLexingtonKY40515
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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 708 Clayvis Ct, Lexington, KY, 40515 priced at $647,900 converts $4,508/mo rent into $532/mo cash flow after a $3,171/mo obligation. Total monthly income equals $4,508/mo, and annual cash flow totals $6,379/yr on $213,159 invested. Return on cash invested prints 23.05% in year one, and rental yield reads 8.35% against a $647,900 entry. Equity gained on principal adds $4,181/yr, while 5% annual appreciation compiles into $179,003 by year five. Five-year ROI reaches 119.6% and total cumulative return in cash sums $254,942. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,508/mo property income covering a $3,171/mo payment, not borrower’s personal income.
Single Family
Built in 1997
0.26 Acres lot
$N/A/sqft
$400 annually 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
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Listed by: Dawn Severt • Kassie & Associates
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25501898
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.