988 Village Green AveLexingtonKY40509
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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 988 Village Green Ave, Lexington, KY, 40509 earns from $3,026/mo rent with a $2,340/mo payment. Total monthly income totals $3,026/mo. ROI tracks 18.03% on current figures, and rental yield reads 7.6% at a $478,000 purchase. Equity gained on principal adds $3,084/yr, and 5% annual appreciation supports $132,063 over five years. Five-year ROI reaches 93.63% and total cumulative return in cash sums $148,357. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,026/mo property income instead of your personal income.
Townhouse
Built in 2004
4,356 sqft lot
$N/A/sqft
$365 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40509, Lexington, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,860 (100%) |
| Owner Occupied HU | 11,449 (54.9%) |
| Renter Occupied HU | 7,813 (37.5%) |
| Vacant Housing Units | 1,598 ( 7.7%) |
| Median Home Value | $368,659 |
| Average Home Value | $416,092 |
Housing Distribution
Address Breakdown
Residential
20,444
Single Family
17,889
Multi-Family
2,555
Businesses
1,544
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Listed by: Melinda Duncan • RE/MAX Creative Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25012686
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.