112 Winged Foot 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
Rental property for sale in Broussard at 112 Winged Foot Dr, Broussard, LA, 70518 generates $3,511/mo in rent, after a $8,560/mo payment. Total monthly income is $3,511/mo. Return on cash invested sits at 4.36% in year one, and rental yield is 2.41% on a $1,749,000 entry. Equity gained on principal adds $11,286/yr, while 5% annual appreciation builds toward $483,216 over five years. Five-year ROI reaches 19.53% and total cumulative return in cash sums $110,671. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,511/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
0.91 Acres lot
$N/A/sqft
$1,595 annually 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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Listed by: Stefanie Kellner • Latter & Blum Compass
Mls Name: RAA
Mls Provider:
Mls ID: #23010604
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