102 N Cunningham StRayneLA70578
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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 Rayne at 102 N Cunningham St, Rayne, LA, 70578 priced at $199,500 pairs $1,859/mo rent with $624/mo cash flow after a $976/mo payment. Total monthly income equals $1,859/mo, and annual cash flow comes to $7,484/yr on $66,134 invested. Return on cash invested is 31.23% in year one, and rental yield stands at 11.18% on a $199,500 basis. Equity gained on principal adds $1,287/yr, and 5% annual appreciation accumulates to $55,118 by year five. Five-year ROI measures 163.53% and total cumulative return in cash reaches $108,151. For financing, Ziffy Mortgage’s DSCR program evaluates $1,859/mo property income against a $976/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70578, Rayne, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,020 (100%) |
| Owner Occupied HU | 4,552 (64.8%) |
| Renter Occupied HU | 1,753 (25.0%) |
| Vacant Housing Units | 715 (10.2%) |
| Median Home Value | $187,805 |
| Average Home Value | $207,462 |
Housing Distribution
Address Breakdown
Residential
7,159
Single Family
7,044
Multi-Family
115
Businesses
448
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