1705 Beau Bassin RdCARENCROLA70520
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 CARENCRO at 1705 Beau Bassin Rd, CARENCRO, LA, 70520 uses $89,505 cash to close to unlock $11,580/yr annual cash flow and $965/mo monthly cash flow. Total monthly income runs $2,638/mo, and a $1,322/mo payment keeps the spread at $965/mo. Purchase price stands at $270,000, and rental yield measures 11.72% with $2,638/mo rent. Return on cash invested shows 32.85% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 172.22% and total cumulative return in cash records $154,141. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,638/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Single Family
Built in 1971
1.36 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 |
Housing Distribution
Address Breakdown
Residential
8,260
Single Family
8,197
Multi-Family
63
Businesses
547
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices