1214 E Main StNew RoadsLA70760
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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 New Roads at 1214 E Main St, New Roads, LA, 70760 listed at $999,000 pairs $834/mo rent with a $4,890/mo payment. Total monthly income runs $834/mo. Return on cash invested measures 0.51% in year one, and rental yield registers 1% at a $999,000 basis. Equity gained on principal adds $6,446/yr, and annual property appreciation at 5% supports $276,005 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $834/mo property income relative to a $4,890/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.56 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 |
Housing Distribution
Address Breakdown
Residential
2,730
Single Family
2,646
Multi-Family
84
Businesses
394
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Listed by: Stacie Greene • Greene Properties of Louisiana, LLC
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025009662
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Copyright 2025 ROAM MLS.