1109 N Guidry AveKaplanLA70548
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 Kaplan at 1109 N Guidry Ave, Kaplan, LA, 70548 priced at $119,900 pairs $923/mo rent with $180/mo cash flow after a $587/mo payment. Total monthly income equals $923/mo, and annual cash flow comes to $2,162/yr on $39,747 invested. Return on cash invested is 25.35% in year one, and rental yield stands at 9.24% on a $119,900 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,126 by year five. Five-year ROI measures 132.12% and total cumulative return in cash reaches $52,512. For financing, Ziffy Mortgage’s DSCR program evaluates $923/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70548, Kaplan, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,096 (100%) |
| Owner Occupied HU | 3,016 (59.2%) |
| Renter Occupied HU | 1,006 (19.7%) |
| Vacant Housing Units | 1,074 (21.1%) |
| Median Home Value | $151,852 |
| Average Home Value | $176,441 |
Housing Distribution
Address Breakdown
Residential
4,348
Single Family
4,247
Multi-Family
101
Businesses
239
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Listed by: Shonda L Veronie • RE/MAX Acadiana
Mls Name: RAA
Mls Provider:
Mls ID: #25000642
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