12386 River Highlands Dr UNIT BSaint AmantLA70774
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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 Saint Amant at 12386 River Highlands Dr UNIT B, Saint Amant, LA, 70774 offers a 11.79% rental yield on a $164,900 purchase with $1,620/mo rent. Total monthly income registers $1,620/mo, and a $807/mo payment leaves $599/mo available for distribution. Annual cash flow reaches $7,184/yr on $54,664 to close, and return on cash invested stands at 33.05% in year one. Equity gained on principal adds $1,064/yr while 5% annual appreciation supports $45,559 over five years. Portfolio math shows five-year ROI at 173.34% and total cumulative return in cash at $94,756. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,620/mo property income against a $807/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70774, Saint Amant, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,404 (100%) |
| Owner Occupied HU | 3,408 (77.4%) |
| Renter Occupied HU | 559 (12.7%) |
| Vacant Housing Units | 437 ( 9.9%) |
| Median Home Value | $313,739 |
| Average Home Value | $344,748 |
Housing Distribution
Address Breakdown
Residential
4,221
Single Family
4,221
Multi-Family
0
Businesses
157
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Listed by: Brad Way • Keller Williams Realty Red Stick Partners
Mls Name: ROAM MLS
Mls ID: #2025022308