110 Rue CordialCarencroLA70520
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 Carencro at 110 Rue Cordial, Carencro, LA, 70520 uses $99,450 cash to close to unlock $3,264/yr annual cash flow and $272/mo monthly cash flow. Total monthly income runs $2,130/mo, and a $1,468/mo payment keeps the spread at $272/mo. Purchase price stands at $300,000, and rental yield measures 8.52% with $2,130/mo rent. Return on cash invested shows 23.19% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 120.45% and total cumulative return in cash records $119,784. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,130/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1995
1.81 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices