16 Provencial CtVioletLA70092
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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 Violet at 16 Provencial Ct, Violet, LA, 70092 with 5% annual appreciation on a $189,999 basis while $1,877/mo rent supports operations. Total monthly income totals $1,877/mo and a $930/mo payment preserves $700/mo for cash returns. Annual cash flow comes to $8,400/yr on $62,985 deployed, and return on cash invested reaches 33.25% in year one. Equity gained on principal adds $1,226/yr, and five-year appreciation sums $52,493 alongside rental yield of 11.85%. Five-year ROI measures 174.37% and total cumulative return in cash totals $109,824.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,877/mo property income versus a $930/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
5,850 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70092, Violet, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,933 (100%) |
| Owner Occupied HU | 1,961 (66.9%) |
| Renter Occupied HU | 791 (27.0%) |
| Vacant Housing Units | 181 ( 6.2%) |
| Median Home Value | $187,877 |
| Average Home Value | $198,005 |
Housing Distribution
Address Breakdown
Residential
2,738
Single Family
2,721
Multi-Family
17
Businesses
76
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Listed by: Amanda Miller • Amanda Miller Realty, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2501723
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.