100 Melrose Dr #4DonaldsonvilleLA70346
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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
Total monthly income runs $778/mo, and a $2,643/mo payment. Purchase price stands at $540,000, and rental yield measures 1.73% with $778/mo rent. Return on cash invested shows 2.72% in year one, and 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 10.64% and total cumulative return in cash records $18,902. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $778/mo property income covering a $2,643/mo payment rather than investor’s personal income.
Multi Family
Built in N/A
2.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70346, Donaldsonville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,802 (100%) |
| Owner Occupied HU | 2,698 (56.2%) |
| Renter Occupied HU | 1,422 (29.6%) |
| Vacant Housing Units | 682 (14.2%) |
| Median Home Value | $173,256 |
| Average Home Value | $207,229 |
Housing Distribution
Address Breakdown
Residential
4,056
Single Family
3,924
Multi-Family
132
Businesses
401
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Listed by: James MacDonald • West Bank Real Estate LLC
Mls Name: ROAM MLS
Mls ID: #2025015700