112 Spring Meadow DrBroussardLA70518
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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
Investment property for sale in Broussard at 112 Spring Meadow Dr, Broussard, LA, 70518 earns $444/mo cash flow from $3,180/mo rent with a $2,162/mo payment. Total monthly income totals $3,180/mo, and annual cash flow totals $5,324/yr on $146,448 capital. ROI tracks 23.54% on current figures, and rental yield reads 8.64% at a $441,775 purchase. Equity gained on principal adds $2,851/yr, and 5% annual appreciation supports $122,054 over five years. Five-year ROI reaches 122.34% and total cumulative return in cash sums $179,163. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,180/mo property income instead of your personal income.
Single Family
Built in 2026
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70518, Broussard, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,416 (100%) |
| Owner Occupied HU | 5,481 (73.9%) |
| Renter Occupied HU | 1,225 (16.5%) |
| Vacant Housing Units | 710 ( 9.6%) |
| Median Home Value | $283,930 |
| Average Home Value | $307,325 |
Housing Distribution
Address Breakdown
Residential
7,313
Single Family
6,652
Multi-Family
661
Businesses
1,354
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