142 Sage AlyCovingtonLA70433
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
Rental property for sale in Covington at 142 Sage Aly, Covington, LA, 70433 priced at $619,900 pairs $2,388/mo rent with after a $3,034/mo payment. Total monthly income equals $2,388/mo. Return on cash invested is 10.93% in year one, and rental yield stands at 4.62% on a $619,900 basis. Equity gained on principal adds $4,000/yr, and 5% annual appreciation accumulates to $171,267 by year five. Five-year ROI measures 54.89% and total cumulative return in cash reaches $111,956. For financing, Ziffy Mortgage’s DSCR program evaluates $2,388/mo property income against a $3,034/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
6,534 sqft lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70433, Covington, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,359 (100%) |
| Owner Occupied HU | 12,755 (65.9%) |
| Renter Occupied HU | 5,168 (26.7%) |
| Vacant Housing Units | 1,436 ( 7.4%) |
| Median Home Value | $362,329 |
| Average Home Value | $432,167 |
Housing Distribution
Address Breakdown
Residential
19,248
Single Family
16,319
Multi-Family
2,929
Businesses
2,215
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Nearby investment properties with comparable prices
Listed by: Heather Kirkpatrick • Keller Williams Realty Premier Partners
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024014676
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.