100 Fountain MdwBroussardLA70518
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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 Broussard at 100 Fountain Mdw, Broussard, LA, 70518 priced at $396,405 pairs $2,160/mo rent with after a $1,940/mo payment. Total monthly income equals $2,160/mo. Return on cash invested is 16.98% in year one, and rental yield stands at 6.54% on a $396,405 basis. Equity gained on principal adds $2,558/yr, and 5% annual appreciation accumulates to $109,519 by year five. Five-year ROI measures 87.26% and total cumulative return in cash reaches $114,663. For financing, Ziffy Mortgage’s DSCR program evaluates $2,160/mo property income against a $1,940/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
8,999 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70518, Broussard, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,416 (100%) |
| Owner Occupied HU | 5,481 (73.9%) |
| Renter Occupied HU | 1,225 (16.5%) |
| Vacant Housing Units | 710 ( 9.6%) |
| Median Home Value | $283,930 |
| Average Home Value | $307,325 |
Housing Distribution
Address Breakdown
Residential
7,313
Single Family
6,652
Multi-Family
661
Businesses
1,354
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Listed by: Kirk Schexnaider • Latter & Blum Compass
Mls Name: RAA
Mls Provider:
Mls ID: #24010124
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate. Data last updated 2024-02-12 10:51:22 PST