132 Sugarcane Blvd EOther IowaLA70647
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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
Rental property for sale in Other Iowa at 132 Sugarcane Blvd E, Other Iowa, LA, 70647 priced at $271,570 pairs $2,236/mo rent with $504/mo cash flow after a $1,329/mo payment. Total monthly income equals $2,236/mo, and annual cash flow comes to $6,048/yr on $90,025 invested. Return on cash invested is 26.63% in year one, and rental yield stands at 9.88% on a $271,570 basis. Equity gained on principal adds $1,752/yr, and 5% annual appreciation accumulates to $75,030 by year five. Five-year ROI measures 139.1% and total cumulative return in cash reaches $125,222. For financing, Ziffy Mortgage’s DSCR program evaluates $2,236/mo property income against a $1,329/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
10,058 sqft lot
$N/A/sqft
$50 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70647, Iowa, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,224 (100%) |
| Owner Occupied HU | 3,758 (71.9%) |
| Renter Occupied HU | 1,004 (19.2%) |
| Vacant Housing Units | 462 ( 8.8%) |
| Median Home Value | $250,967 |
| Average Home Value | $270,254 |
Housing Distribution
Address Breakdown
Residential
4,558
Single Family
4,553
Multi-Family
5
Businesses
143
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Listed by: Saun Sullivan • Cicero Realty, LLC
Mls Name: Greater Southern MLS
Mls ID: #SWL24004907
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.