750 Shaker Dr APT 505LexingtonKY40504
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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 750 Shaker Dr APT 505, Lexington, KY, 40504 earns $116/mo cash flow from $1,775/mo rent with a $1,003/mo payment. Total monthly income totals $1,775/mo, and annual cash flow totals $1,390/yr on $67,924 capital. ROI tracks 21.96% on current figures, and rental yield reads 10.4% at a $204,900 purchase. Equity gained on principal adds $1,322/yr, and 5% annual appreciation supports $56,610 over five years. Five-year ROI reaches 116.32% and total cumulative return in cash sums $79,006. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,775/mo property income instead of your personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$412 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40504, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,639 (100%) |
| Owner Occupied HU | 4,439 (35.1%) |
| Renter Occupied HU | 7,082 (56.0%) |
| Vacant Housing Units | 1,118 ( 8.8%) |
| Median Home Value | $243,671 |
| Average Home Value | $307,685 |
Housing Distribution
Address Breakdown
Residential
12,467
Single Family
9,235
Multi-Family
3,232
Businesses
858
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Listed by: W Tyce McCullough • Rector Hayden Realtors
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25501191
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.