8354 W Kent Sr #256LexingtonIN47138
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
Investment Highlights
Investment property for sale in Lexington at 8354 W Kent Sr #256, Lexington, IN, 47138 offers a 9.61% rental yield on a $159,900 purchase with $1,280/mo rent. Total monthly income registers $1,280/mo, and a $783/mo payment leaves $320/mo available for distribution. Annual cash flow reaches $3,837/yr on $53,007 to close, and return on cash invested stands at 27.15% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 141.43% and total cumulative return in cash at $74,970. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,280/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47138, Lexington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,831 (100%) |
| Owner Occupied HU | 1,399 (76.4%) |
| Renter Occupied HU | 246 (13.4%) |
| Vacant Housing Units | 186 (10.2%) |
| Median Home Value | $228,234 |
| Average Home Value | $260,795 |
Housing Distribution
Address Breakdown
Residential
1,935
Single Family
1,935
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices