15915 Olive Grove DrZacharyLA70791
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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 Zachary at 15915 Olive Grove Dr, Zachary, LA, 70791 earns $146/mo cash flow from $1,580/mo rent with a $1,133/mo payment. Total monthly income totals $1,580/mo, and annual cash flow totals $1,753/yr on $76,742 capital. ROI tracks 22.19% on current figures, and rental yield reads 8.19% at a $231,500 purchase. Equity gained on principal adds $1,494/yr, and 5% annual appreciation supports $63,959 over five years. Five-year ROI reaches 115.16% and total cumulative return in cash sums $88,378. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,580/mo property income instead of your personal income.
Single Family
Built in 2021
5,967 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70791, Zachary, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,498 (100%) |
| Owner Occupied HU | 9,151 (73.2%) |
| Renter Occupied HU | 2,225 (17.8%) |
| Vacant Housing Units | 1,122 ( 9.0%) |
| Median Home Value | $309,940 |
| Average Home Value | $358,189 |
Housing Distribution
Address Breakdown
Residential
12,065
Single Family
10,976
Multi-Family
1,089
Businesses
841
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