1650 Reserve DrWestlakeLA70669
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
Investment property for sale in Westlake at 1650 Reserve Dr, Westlake, LA, 70669 uses $81,218 cash to close to unlock $10,830/yr annual cash flow and $903/mo monthly cash flow. Total monthly income runs $2,420/mo, and a $1,199/mo payment keeps the spread at $903/mo. Purchase price stands at $245,000, and rental yield measures 11.85% with $2,420/mo rent. Return on cash invested shows 33.24% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 174.38% and total cumulative return in cash records $141,624. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,420/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 2021
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70669, Westlake, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,725 (100%) |
| Owner Occupied HU | 3,043 (64.4%) |
| Renter Occupied HU | 1,019 (21.6%) |
| Vacant Housing Units | 663 (14.0%) |
| Median Home Value | $217,396 |
| Average Home Value | $261,461 |
Housing Distribution
Address Breakdown
Residential
4,095
Single Family
3,727
Multi-Family
368
Businesses
310
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices