159 Reid DrSunsetLA70584
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 Sunset at 159 Reid Dr, Sunset, LA, 70584 priced at $212,500 pairs $1,200/mo rent with after a $1,040/mo payment. Total monthly income equals $1,200/mo. Return on cash invested is 17.93% in year one, and rental yield stands at 6.78% on a $212,500 basis. Equity gained on principal adds $1,371/yr, and 5% annual appreciation accumulates to $58,710 by year five. Five-year ROI measures 92.22% and total cumulative return in cash reaches $64,964. For financing, Ziffy Mortgage’s DSCR program evaluates $1,200/mo property income against a $1,040/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70584, Sunset, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,529 (100%) |
| Owner Occupied HU | 2,432 (68.9%) |
| Renter Occupied HU | 744 (21.1%) |
| Vacant Housing Units | 353 (10.0%) |
| Median Home Value | $203,563 |
| Average Home Value | $274,230 |
Housing Distribution
Address Breakdown
Residential
3,030
Single Family
2,913
Multi-Family
117
Businesses
136
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
