16817 River Birch AveGreenwell SpringsLA70739
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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 Greenwell Springs at 16817 River Birch Ave, Greenwell Springs, LA, 70739 uses $89,174 cash to close to unlock $7,994/yr annual cash flow and $666/mo monthly cash flow. Total monthly income runs $2,387/mo, and a $1,317/mo payment keeps the spread at $666/mo. Purchase price stands at $269,000, and rental yield measures 10.65% with $2,387/mo rent. Return on cash invested shows 28.87% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 151.24% and total cumulative return in cash records $134,867. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,387/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Single Family
Built in 2008
0.26 Acres lot
$N/A/sqft
$200 annually 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
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Listed by: Lizzie Blair Benzer • Geaux-2 Realty
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025008340
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. Copyright 2025 ROAM MLS.