4602 Stonelea PlLa 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 4602 Stonelea Pl, La Grange, KY, 40031 priced at $670,000 pairs $4,108/mo rent with after a $3,279/mo payment. Total monthly income equals $4,108/mo. Return on cash invested is 19.98% in year one, and rental yield stands at 7.36% on a $670,000 basis. Equity gained on principal adds $4,323/yr, and 5% annual appreciation accumulates to $185,109 by year five. Five-year ROI measures 103.13% and total cumulative return in cash reaches $227,333. For financing, Ziffy Mortgage’s DSCR program evaluates $4,108/mo property income against a $3,279/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
0.89 Acres lot
$N/A/sqft
$550 annually 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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Nearby investment properties with comparable prices
Listed by: Emily Gilbert • Aspire Real Estate Group
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1684955
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