15637 Denham RdPrideLA70770
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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 Pride at 15637 Denham Rd, Pride, LA, 70770 generates $886/mo in rent and, after a $563/mo payment, leaves $174/mo in cash flow. Total monthly income is $886/mo, and annual cash flow is $2,082/yr on $38,122 invested. Return on cash invested sits at 25.37% in year one, and rental yield is 9.25% on a $114,999 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 132.2% and total cumulative return in cash sums $50,397. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $886/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70770, Pride, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,534 (100%) |
| Owner Occupied HU | 1,307 (85.2%) |
| Renter Occupied HU | 146 ( 9.5%) |
| Vacant Housing Units | 81 ( 5.3%) |
| Median Home Value | $281,585 |
| Average Home Value | $326,031 |
Housing Distribution
Address Breakdown
Residential
1,558
Single Family
1,558
Multi-Family
0
Businesses
23
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