17272 Highway 40 EIndependenceLA70443
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 Independence at 17272 Highway 40 E, Independence, LA, 70443 earns from $1,320/mo rent with a $1,399/mo payment. Total monthly income totals $1,320/mo. ROI tracks 14.2% on current figures, and rental yield reads 5.54% at a $285,754 purchase. Equity gained on principal adds $1,844/yr, and 5% annual appreciation supports $78,949 over five years. Five-year ROI reaches 72.27% and total cumulative return in cash sums $68,463. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,320/mo property income instead of your personal income.
Single Family
Built in 1949
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70443, Independence, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,058 (100%) |
| Owner Occupied HU | 3,407 (67.4%) |
| Renter Occupied HU | 1,040 (20.6%) |
| Vacant Housing Units | 611 (12.1%) |
| Median Home Value | $207,500 |
| Average Home Value | $238,147 |
Housing Distribution
Address Breakdown
Residential
3,869
Single Family
3,869
Multi-Family
0
Businesses
123
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie McKeough • Berkshire Hathaway HomeServices Preferred, REALTOR
Mls Name: GSREIN
Mls ID: #2523285