136 Lake Ridge Dr, Broussard, LA, 70518 | $617/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Broussard at 136 Lake Ridge Dr, Broussard, LA, 70518 offers a 10.41% rental yield on a $249,000 purchase with $2,160/mo rent. Total monthly income registers $2,160/mo, and a $1,219/mo payment leaves $617/mo available for distribution. Annual cash flow reaches $7,408/yr on $82,544 to close, and return on cash invested stands at 28.88% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 151.03% and total cumulative return in cash at $124,664. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,160/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

5,662 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70518, Broussard, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,416 (100%)
Owner Occupied HU	5,481 (73.9%)
Renter Occupied HU	1,225 (16.5%)
Vacant Housing Units	710 ( 9.6%)
Median Home Value	$283,930
Average Home Value	$307,325