106 Tes DrChoudrantLA71227
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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
Rental property for sale in Choudrant at 106 Tes Dr, Choudrant, LA, 71227 offers $2,542/mo rent that, after a $1,542/mo payment, leaves $591/mo cash flow. Total monthly income is $2,542/mo, and annual cash flow is $7,086/yr on $104,423 cash. Return on cash invested measures 26.69% in year one, and rental yield stands at 9.68% at a $315,000 entry. Equity gained on principal adds $2,033/yr while 5% annual appreciation compounds into $87,029 by year five. Five-year ROI records 139.25% and total cumulative return in cash reaches $145,409. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,542/mo property income versus a $1,542/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71227, Choudrant, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,956 (100%) |
| Owner Occupied HU | 1,460 (74.6%) |
| Renter Occupied HU | 313 (16.0%) |
| Vacant Housing Units | 183 ( 9.4%) |
| Median Home Value | $273,270 |
| Average Home Value | $302,488 |
Housing Distribution
Address Breakdown
Residential
1,860
Single Family
1,860
Multi-Family
0
Businesses
82
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