105 Concord DrCarencroLA70520
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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 Carencro at 105 Concord Dr, Carencro, LA, 70520 offers $2,375/mo rent that, after a $2,077/mo payment. Total monthly income is $2,375/mo. Return on cash invested measures 17.75% in year one, and rental yield stands at 6.72% at a $424,289 entry. Equity gained on principal adds $2,738/yr while 5% annual appreciation compounds into $117,223 by year five. Five-year ROI records 91.25% and total cumulative return in cash reaches $128,350. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,375/mo property income versus a $2,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70520, Carencro, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,896 (100%) |
| Owner Occupied HU | 6,509 (73.2%) |
| Renter Occupied HU | 1,503 (16.9%) |
| Vacant Housing Units | 884 ( 9.9%) |
| Median Home Value | $236,184 |
| Average Home Value | $289,156 |
Housing Distribution
Address Breakdown
Residential
8,260
Single Family
8,197
Multi-Family
63
Businesses
547
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