12430 River Highlands Dr UNIT GSaint AmantLA70774
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 Saint Amant at 12430 River Highlands Dr UNIT G, Saint Amant, LA, 70774 uses $51,217 cash to close to unlock $5,678/yr annual cash flow and $473/mo monthly cash flow. Total monthly income runs $1,620/mo, and a $756/mo payment keeps the spread at $473/mo. Purchase price stands at $154,500, and rental yield measures 12.58% with $1,620/mo rent. Return on cash invested shows 30.99% in year one, and 5% annual appreciation builds toward $42,686 over five years. Five-year ROI reaches 163.99% and total cumulative return in cash records $83,991. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,620/mo property income covering a $756/mo payment rather than investor’s personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
$2,280 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patti Nelson • RE/MAX First
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #201306564
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.