151 Aspen Sq #B-15Denham SpringsLA70726
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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 Denham Springs at 151 Aspen Sq #B-15, Denham Springs, LA, 70726 offers a 10.51% rental yield on a $155,000 purchase with $1,357/mo rent. Total monthly income registers $1,357/mo, and a $759/mo payment leaves $397/mo available for distribution. Annual cash flow reaches $4,758/yr on $51,383 to close, and return on cash invested stands at 29.17% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 152.56% and total cumulative return in cash at $78,388. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,357/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70726, Denham Springs, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,377 (100%) |
| Owner Occupied HU | 18,181 (68.9%) |
| Renter Occupied HU | 6,047 (22.9%) |
| Vacant Housing Units | 2,149 ( 8.1%) |
| Median Home Value | $245,059 |
| Average Home Value | $287,868 |
Housing Distribution
Address Breakdown
Residential
25,796
Single Family
23,918
Multi-Family
1,878
Businesses
1,199
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Listed by: Charlotte Lockhart • Lockhart Real Estate Collective
Mls Name: ROAM MLS
Mls ID: #2025008774