109 Railroad AveLoreauvilleLA70552
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
Rental property for sale in Loreauville at 109 Railroad Ave, Loreauville, LA, 70552 priced at $175,000 converts $1,475/mo rent into $391/mo cash flow after a $857/mo obligation. Total monthly income equals $1,475/mo, and annual cash flow totals $4,686/yr on $58,013 invested. Return on cash invested prints 27.99% in year one, and rental yield reads 10.11% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 146.21% and total cumulative return in cash sums $84,823. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,475/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70552, Loreauville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 544 (100%) |
| Owner Occupied HU | 369 (67.8%) |
| Renter Occupied HU | 91 (16.7%) |
| Vacant Housing Units | 84 (15.4%) |
| Median Home Value | $209,239 |
| Average Home Value | $221,741 |
Housing Distribution
Address Breakdown
Residential
185
Single Family
185
Multi-Family
0
Businesses
72
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Nearby investment properties with comparable prices
Listed by: Rebecca B Ruskoski • Latter & Blum Compass-NI
Mls Name: RAA
Mls Provider:
Mls ID: #24011118
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. IDX information is provided exclusively for consumers' 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 deemed reliable, but not guaranteed accurate. Data last updated 2024-02-12 10:51:22 PST