1023 Gassen St, Luling, LA, 70070 | $747/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Luling at 1023 Gassen St, Luling, LA, 70070 listed at $237,900 pairs $2,220/mo rent with a $1,164/mo payment to leave $747/mo cash flow. Total monthly income runs $2,220/mo, and annual cash flow reaches $8,961/yr on $78,864 cash to close. Return on cash invested measures 31.27% in year one, and rental yield registers 11.2% at a $237,900 basis. Equity gained on principal adds $1,535/yr, and annual property appreciation at 5% supports $65,727 by year five. Five-year ROI tracks 163.79% and total cumulative return in cash totals $129,171. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,220/mo property income relative to a $1,164/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1972

5,911 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70070, Luling, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,140 (100%)
Owner Occupied HU	4,128 (80.3%)
Renter Occupied HU	745 (14.5%)
Vacant Housing Units	267 ( 5.2%)
Median Home Value	$279,934
Average Home Value	$317,216