1237 Jesse B RdChurch PointLA70525
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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 Church Point at 1237 Jesse B Rd, Church Point, LA, 70525 listed at $142,500 pairs $1,252/mo rent with a $697/mo payment to leave $370/mo cash flow. Total monthly income runs $1,252/mo, and annual cash flow reaches $4,437/yr on $47,239 cash to close. Return on cash invested measures 29.3% in year one, and rental yield registers 10.54% at a $142,500 basis. Equity gained on principal adds $920/yr, and annual property appreciation at 5% supports $39,370 by year five. Five-year ROI tracks 153.24% and total cumulative return in cash totals $72,387. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,252/mo property income relative to a $697/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2000
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70525, Church Point, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,537 (100%) |
| Owner Occupied HU | 3,835 (69.3%) |
| Renter Occupied HU | 1,226 (22.1%) |
| Vacant Housing Units | 476 ( 8.6%) |
| Median Home Value | $193,959 |
| Average Home Value | $213,531 |
Housing Distribution
Address Breakdown
Residential
5,583
Single Family
5,540
Multi-Family
43
Businesses
224
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Listed by: Lana Soileau • Real Broker, LLC
Mls Name: RAA
Mls Provider:
Mls ID: #24001189
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