10202 Magnolia Blossom AveGreenwell SpringsLA70739
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 Greenwell Springs at 10202 Magnolia Blossom Ave, Greenwell Springs, LA, 70739 offers a 7.93% rental yield on a $465,000 purchase with $3,072/mo rent. Total monthly income registers $3,072/mo, and a $2,276/mo payment leaves $160/mo available for distribution. Annual cash flow reaches $1,923/yr on $154,148 to close, and return on cash invested stands at 21.16% in year one. Equity gained on principal adds $3,001/yr while 5% annual appreciation supports $128,471 over five years. Portfolio math shows five-year ROI at 109.65% and total cumulative return in cash at $169,019. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,072/mo property income against a $2,276/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.47 Acres lot
$N/A/sqft
$375 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70739, Greenwell Springs, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,146 (100%) |
| Owner Occupied HU | 4,207 (81.8%) |
| Renter Occupied HU | 627 (12.2%) |
| Vacant Housing Units | 312 ( 6.1%) |
| Median Home Value | $338,798 |
| Average Home Value | $384,306 |
Housing Distribution
Address Breakdown
Residential
5,102
Single Family
4,918
Multi-Family
184
Businesses
175
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Josh McKay • RE/MAX Professional
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025004931
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Copyright 2025 ROAM MLS.