141 Belgium RdCrowleyLA70526
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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 Crowley at 141 Belgium Rd, Crowley, LA, 70526 priced at $229,000 converts $1,106/mo rent into after a $1,121/mo obligation. Total monthly income equals $1,106/mo. Return on cash invested prints 14.97% in year one, and rental yield reads 5.8% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 76.39% and total cumulative return in cash sums $57,989. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,106/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Manufactured
Built in N/A
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70526, Crowley, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,214 (100%) |
| Owner Occupied HU | 4,192 (51.0%) |
| Renter Occupied HU | 2,587 (31.5%) |
| Vacant Housing Units | 1,435 (17.5%) |
| Median Home Value | $174,599 |
| Average Home Value | $221,270 |
Housing Distribution
Address Breakdown
Residential
7,487
Single Family
7,161
Multi-Family
326
Businesses
575
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