116 2nd St, New Roads, LA, 70760 | $471/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in New Roads at 116 2nd St, New Roads, LA, 70760 generates $1,710/mo in rent and, after a $979/mo payment, leaves $471/mo in cash flow. Total monthly income is $1,710/mo, and annual cash flow is $5,652/yr on $66,300 invested. Return on cash invested sits at 28.43% in year one, and rental yield is 10.26% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 148.55% and total cumulative return in cash sums $98,492. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,710/mo property income rather than buyer’s personal income.

Single Family

Built in N/A

1.13 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70760, New Roads, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,365 (100%)
Owner Occupied HU	1,698 (50.5%)
Renter Occupied HU	1,005 (29.9%)
Vacant Housing Units	662 (19.7%)
Median Home Value	$206,790
Average Home Value	$240,428