124 Carol DrRayneLA70578
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Rayne at 124 Carol Dr, Rayne, LA, 70578 earns $326/mo cash flow from $1,441/mo rent with a $881/mo payment. Total monthly income totals $1,441/mo, and annual cash flow totals $3,914/yr on $59,637 capital. ROI tracks 26.47% on current figures, and rental yield reads 9.61% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 138.13% and total cumulative return in cash sums $82,377. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,441/mo property income instead of your personal income.
Single Family
Built in N/A
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70578, Rayne, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,020 (100%) |
| Owner Occupied HU | 4,552 (64.8%) |
| Renter Occupied HU | 1,753 (25.0%) |
| Vacant Housing Units | 715 (10.2%) |
| Median Home Value | $187,805 |
| Average Home Value | $207,462 |
Housing Distribution
Address Breakdown
Residential
7,159
Single Family
7,044
Multi-Family
115
Businesses
448
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices