1250 Primrose Dr APT 27BoutteLA70039
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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 Boutte at 1250 Primrose Dr APT 27, Boutte, LA, 70039 uses $64,278 cash to close to unlock $2,447/yr annual cash flow and $204/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $949/mo payment keeps the spread at $204/mo. Purchase price stands at $193,900, and rental yield measures 9.28% with $1,500/mo rent. Return on cash invested shows 23.72% in year one, and 5% annual appreciation builds toward $53,571 over five years. Five-year ROI reaches 123.89% and total cumulative return in cash records $79,633. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $949/mo payment rather than investor’s personal income.
Townhouse
Built in 2008
N/A lot
$N/A/sqft
$95 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70039, Boutte, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,171 (100%) |
| Owner Occupied HU | 751 (64.1%) |
| Renter Occupied HU | 335 (28.6%) |
| Vacant Housing Units | 85 ( 7.3%) |
| Median Home Value | $286,111 |
| Average Home Value | $291,365 |
Housing Distribution
Address Breakdown
Residential
785
Single Family
785
Multi-Family
0
Businesses
140
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Listed by: Andi Knox • Knox Real Estate Group
Mls Name: GSREIN
Mls Provider:
Mls ID: #2490456
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.