1595 Pointe Verte RdWashingtonLA70589
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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 Washington at 1595 Pointe Verte Rd, Washington, LA, 70589 with 5% annual appreciation on a $219,000 basis while $1,577/mo rent supports operations. Total monthly income totals $1,577/mo and a $1,072/mo payment preserves $220/mo for cash returns. Annual cash flow comes to $2,644/yr on $72,599 deployed, and return on cash invested reaches 23.55% in year one. Equity gained on principal adds $1,413/yr, and five-year appreciation sums $60,506 alongside rental yield of 8.64%. Five-year ROI measures 122.41% and total cumulative return in cash totals $88,869.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,577/mo property income versus a $1,072/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
1.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70589, Washington, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,710 (100%) |
| Owner Occupied HU | 1,152 (67.4%) |
| Renter Occupied HU | 304 (17.8%) |
| Vacant Housing Units | 254 (14.9%) |
| Median Home Value | $165,446 |
| Average Home Value | $308,236 |
Housing Distribution
Address Breakdown
Residential
1,234
Single Family
1,234
Multi-Family
0
Businesses
67
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Listed by: PAUL SCHEXNAYDER • PREMIER REALTY OF ACADIANA
Mls Name: GCLRA
Mls Provider:
Mls ID: #2475382
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.