17045 Burks 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 17045 Burks Ave, Greenwell Springs, LA, 70739 listed at $639,999 pairs $4,477/mo rent with a $3,132/mo payment to leave $513/mo cash flow. Total monthly income runs $4,477/mo, and annual cash flow reaches $6,156/yr on $210,560 cash to close. Return on cash invested measures 22.98% in year one, and rental yield registers 8.39% at a $639,999 basis. Equity gained on principal adds $4,130/yr, and annual property appreciation at 5% supports $176,820 by year five. Five-year ROI tracks 119.3% and total cumulative return in cash totals $251,190. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,477/mo property income relative to a $3,132/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
1.88 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
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Listed by: Mandi Braiwick • NextHome Real Estate Professionals
Mls Name: GSREIN
Mls ID: #2538462