








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in La Grange at 2213 Summit View Ct, La Grange, KY, 40031 priced at $525,990 converts $2,082/mo rent into after a $2,574/mo obligation. Total monthly income equals $2,082/mo. Return on cash invested prints 12.01% in year one, and rental yield reads 4.75% against a $525,990 entry. Equity gained on principal adds $3,394/yr, while 5% annual appreciation compiles into $145,321 by year five. Five-year ROI reaches 60.44% and total cumulative return in cash sums $104,588. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,082/mo property income covering a $2,574/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.29 Acres lot
$N/A/sqft
$500 annually HOA
Neighborhood data shown for ZIP Code: 40031, La Grange, KY area.
| 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 |
Residential
8,597
Single Family
8,147
Multi-Family
450
Businesses
598
Date | Event | Price |
|---|---|---|
| 2025-04-18 | Listed for sale | $525,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Al A Hencheck • HMS Real Estate
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1684797
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