1451 W Highway 524La 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 1451 W Highway 524, La Grange, KY, 40031 generates $3,538/mo in rent, after a $4,038/mo payment. Total monthly income is $3,538/mo. Return on cash invested sits at 13.5% in year one, and rental yield is 5.15% on a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 68.32% and total cumulative return in cash sums $185,433. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,538/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
8 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices