840 Rosemary LnLa 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
Rental property for sale in La Grange at 840 Rosemary Ln, La Grange, KY, 40031 offers $2,296/mo rent that, after a $1,507/mo payment, leaves $422/mo cash flow. Total monthly income is $2,296/mo, and annual cash flow is $5,064/yr on $102,085 cash. Return on cash invested measures 24.87% in year one, and rental yield stands at 8.95% at a $307,950 entry. Equity gained on principal adds $1,987/yr while 5% annual appreciation compounds into $85,081 by year five. Five-year ROI records 129.36% and total cumulative return in cash reaches $132,060. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,296/mo property income versus a $1,507/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A 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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Nearby investment properties with comparable prices
Listed by: Samantha George Greer • Finely Crafted Realty LLC
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1662387
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