1614 7th AveGlenmoraLA71433
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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 Glenmora at 1614 7th Ave, Glenmora, LA, 71433 earns $167/mo cash flow from $910/mo rent with a $587/mo payment. Total monthly income totals $910/mo, and annual cash flow totals $2,004/yr on $39,780 capital. ROI tracks 24.95% on current figures, and rental yield reads 9.1% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 129.85% and total cumulative return in cash sums $51,655. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $910/mo property income instead of your personal income.
Single Family
Built in 1980
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71433, Glenmora, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,121 (100%) |
| Owner Occupied HU | 1,363 (64.3%) |
| Renter Occupied HU | 356 (16.8%) |
| Vacant Housing Units | 402 (19.0%) |
| Median Home Value | $141,992 |
| Average Home Value | $164,582 |
Housing Distribution
Address Breakdown
Residential
1,346
Single Family
1,335
Multi-Family
11
Businesses
71
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