151 S Service RdRacelandLA70394
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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 Raceland at 151 S Service Rd, Raceland, LA, 70394 with 5% annual appreciation on a $403,400 basis while $2,918/mo rent supports operations. Total monthly income totals $2,918/mo and a $1,974/mo payment preserves $210/mo for cash returns. Annual cash flow comes to $2,522/yr on $133,727 deployed, and return on cash invested reaches 21.79% in year one. Equity gained on principal adds $2,603/yr, and five-year appreciation sums $111,452 alongside rental yield of 8.68%. Five-year ROI measures 113.66% and total cumulative return in cash totals $151,995.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,918/mo property income versus a $1,974/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2021
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70394, Raceland, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,733 (100%) |
| Owner Occupied HU | 4,227 (73.7%) |
| Renter Occupied HU | 1,033 (18.0%) |
| Vacant Housing Units | 473 ( 8.3%) |
| Median Home Value | $208,782 |
| Average Home Value | $238,542 |
Housing Distribution
Address Breakdown
Residential
5,355
Single Family
5,343
Multi-Family
12
Businesses
263
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