1513 Highway 343Church PointLA70525
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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 Church Point at 1513 Highway 343, Church Point, LA, 70525 uses $96,135 cash to close to unlock $6,180/yr annual cash flow and $515/mo monthly cash flow. Total monthly income runs $2,311/mo, and a $1,419/mo payment keeps the spread at $515/mo. Purchase price stands at $290,000, and rental yield measures 9.56% with $2,311/mo rent. Return on cash invested shows 26.34% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 137.31% and total cumulative return in cash records $132,004. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,311/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 2007
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70525, Church Point, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,537 (100%) |
| Owner Occupied HU | 3,835 (69.3%) |
| Renter Occupied HU | 1,226 (22.1%) |
| Vacant Housing Units | 476 ( 8.6%) |
| Median Home Value | $193,959 |
| Average Home Value | $213,531 |
Housing Distribution
Address Breakdown
Residential
5,583
Single Family
5,540
Multi-Family
43
Businesses
224
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Listed by: Alexia Robicheaux • Keller Williams Realty Acadiana
Mls Name: RAA
Mls ID: #2500006904