169 Greenfield Dr, Carencro, LA, 70520 | $878/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Carencro at 169 Greenfield Dr, Carencro, LA, 70520 generates $2,674/mo in rent and, after a $1,419/mo payment, leaves $878/mo in cash flow. Total monthly income is $2,674/mo, and annual cash flow is $10,536/yr on $96,135 invested. Return on cash invested sits at 30.87% in year one, and rental yield is 11.06% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 161.6% and total cumulative return in cash sums $155,356. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,674/mo property income rather than buyer’s personal income.

Single Family

Built in 1983

0.60 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70520, Carencro, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,896 (100%)
Owner Occupied HU	6,509 (73.2%)
Renter Occupied HU	1,503 (16.9%)
Vacant Housing Units	884 ( 9.9%)
Median Home Value	$236,184
Average Home Value	$289,156