4806 Morgan Place BlvdLa 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
Investment property for sale in La Grange at 4806 Morgan Place Blvd, La Grange, KY, 40031 earns $703/mo cash flow from $3,244/mo rent with a $2,043/mo payment. Total monthly income totals $3,244/mo, and annual cash flow totals $8,442/yr on $138,401 capital. ROI tracks 26.01% on current figures, and rental yield reads 9.32% at a $417,500 purchase. Equity gained on principal adds $2,694/yr, and 5% annual appreciation supports $115,348 over five years. Five-year ROI reaches 135.43% and total cumulative return in cash sums $187,442. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,244/mo property income instead of your personal income.
Single Family
Built in 2015
0.34 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