1911 Cherry Glen DrLa 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 1911 Cherry Glen Dr, La Grange, KY, 40031 offers a 9.71% rental yield on a $412,000 purchase with $3,334/mo rent. Total monthly income registers $3,334/mo, and a $2,017/mo payment leaves $826/mo available for distribution. Annual cash flow reaches $9,912/yr on $136,578 to close, and return on cash invested stands at 27.17% in year one. Equity gained on principal adds $2,659/yr while 5% annual appreciation supports $113,828 over five years. Portfolio math shows five-year ROI at 141.65% and total cumulative return in cash at $193,467. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,334/mo property income against a $2,017/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
6,969 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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