1606 Betances CtLa GrangeKY40031
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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 La Grange at 1606 Betances Ct, La Grange, KY, 40031 uses $98,953 cash to close to unlock $5,043/yr annual cash flow and $420/mo monthly cash flow. Total monthly income runs $2,237/mo, and a $1,461/mo payment keeps the spread at $420/mo. Purchase price stands at $298,500, and rental yield measures 8.99% with $2,237/mo rent. Return on cash invested shows 25.01% in year one, and 5% annual appreciation builds toward $82,470 over five years. Five-year ROI reaches 130.06% and total cumulative return in cash records $128,697. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,237/mo property income covering a $1,461/mo payment rather than investor’s personal income.
Single Family
Built in 2026
8,712 sqft 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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