16275 Alphonse Forbes RdGreenwell SpringsLA70739
Nearby investment properties with comparable rents
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
Total monthly income runs $1,710/mo, and a $2,447/mo payment. Purchase price stands at $499,900, and rental yield measures 4.1% with $1,710/mo rent. Return on cash invested shows 9.87% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 49.02% and total cumulative return in cash records $81,228. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,710/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 2015
13.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70739, Greenwell Springs, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,146 (100%) |
| Owner Occupied HU | 4,207 (81.8%) |
| Renter Occupied HU | 627 (12.2%) |
| Vacant Housing Units | 312 ( 6.1%) |
| Median Home Value | $338,798 |
| Average Home Value | $384,306 |
Housing Distribution
Address Breakdown
Residential
5,102
Single Family
4,918
Multi-Family
184
Businesses
175
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brandon Richoux • Smart Move Real Estate
Mls Name: ROAM MLS
Mls ID: #2025013351