Magnolia Plan, Summit ParksLa 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 Magnolia Plan, Summit Parks, La Grange, KY, 40031 at $358,990 posts ROI 25.77% with $581/mo cash flow from $2,766/mo rent. Total monthly income equals $2,766/mo, and annual cash flow records $6,974/yr on $119,005 to close. Return on cash invested measures 25.77% and rental yield reads 9.25% at the current $358,990. Equity gained on principal adds $2,317/yr, and 5% annual appreciation supports $99,182 by year five. Five-year ROI prints 134.17% and total cumulative return in cash totals $159,664.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,766/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
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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