105 Azalea CtLa GrangeKY40031
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
Rental property for sale in La Grange at 105 Azalea Ct, La Grange, KY, 40031 priced at $290,600 pairs $2,430/mo rent with $662/mo cash flow after a $1,422/mo payment. Total monthly income equals $2,430/mo, and annual cash flow comes to $7,940/yr on $96,334 invested. Return on cash invested is 28.15% in year one, and rental yield stands at 10.03% on a $290,600 basis. Equity gained on principal adds $1,875/yr, and 5% annual appreciation accumulates to $80,287 by year five. Five-year ROI measures 146.9% and total cumulative return in cash reaches $141,517. For financing, Ziffy Mortgage’s DSCR program evaluates $2,430/mo property income against a $1,422/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40031, La Grange, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,632 (100%) |
| Owner Occupied HU | 6,669 (77.3%) |
| Renter Occupied HU | 1,593 (18.5%) |
| Vacant Housing Units | 370 ( 4.3%) |
| Median Home Value | $331,694 |
| Average Home Value | $355,532 |
Housing Distribution
Address Breakdown
Residential
8,597
Single Family
8,147
Multi-Family
450
Businesses
598
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