Prestige with Included Walkout Basement Plan, CreekstoneLa 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
Investment property for sale in La Grange at Prestige with Included Walkout Basement Plan, Creekstone, La Grange, KY, 40031 with 5% annual appreciation on a $404,490 basis while $2,588/mo rent supports operations. Total monthly income totals $2,588/mo and a $1,980/mo payment preserves $126/mo for cash returns. Annual cash flow comes to $1,512/yr on $134,088 deployed, and return on cash invested reaches 21.04% in year one. Equity gained on principal adds $2,610/yr, and five-year appreciation sums $111,753 alongside rental yield of 7.68%. Five-year ROI measures 108.74% and total cumulative return in cash totals $145,809.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,588/mo property income versus a $1,980/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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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