1753 Sawgrass DrWestlakeLA70669
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 1753 Sawgrass Dr, Westlake, LA, 70669 in Westlake deserves attention. This $276,400 property earns $2,725/mo in rent, a 11.23% gross yield, and nets $875/mo after the $1,243/mo payment. DSCR 2.19 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $76,364 compounds alongside $2,546/yr in yearly equity build, for a total cumulative return of $169,987.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.0% |
| Monthly Cash Flow | $875 | $250 |
City averages based on Westlake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,725 |
| Total Monthly Debt Service | $1,602 |
| DSCR Ratio | 1.70x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70669, Westlake, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,725 (100%) |
| Owner Occupied HU | 3,043 (64.4%) |
| Renter Occupied HU | 1,019 (21.6%) |
| Vacant Housing Units | 663 (14.0%) |
| Median Home Value | $217,396 |
| Average Home Value | $261,461 |
Housing Distribution
Address Breakdown
Residential
4,095
Single Family
3,727
Multi-Family
368
Businesses
310
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
Single Family
Built in 2024
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70669, Westlake, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,725 (100%) |
| Owner Occupied HU | 3,043 (64.4%) |
| Renter Occupied HU | 1,019 (21.6%) |
| Vacant Housing Units | 663 (14.0%) |
| Median Home Value | $217,396 |
| Average Home Value | $261,461 |
Housing Distribution
Address Breakdown
Residential
4,095
Single Family
3,727
Multi-Family
368
Businesses
310
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wallace Myers • Keller Williams Realty Lake Ch
Mls Name: Greater Southern MLS
Mls ID: #SWL24004172
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.