15937 Redstone DrPrideLA70770



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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
Investment property for sale in Pride at 15937 Redstone Dr, Pride, LA, 70770 earns $1,072/mo cash flow from $3,674/mo rent with a $2,056/mo payment. Total monthly income totals $3,674/mo, and annual cash flow totals $12,864/yr on $139,230 capital. ROI tracks 29.15% on current figures, and rental yield reads 10.5% at a $420,000 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 over five years. Five-year ROI reaches 152.39% and total cumulative return in cash sums $212,167. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,674/mo property income instead of your personal income.
Single Family
Built in 2018
1 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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