18 Heather RowBelle ChasseLA70507
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 Belle Chasse at 18 Heather Row, Belle Chasse, LA, 70507 earns $205/mo cash flow from $948/mo rent with a $587/mo payment. Total monthly income totals $948/mo, and annual cash flow totals $2,460/yr on $39,780 capital. ROI tracks 26.09% on current figures, and rental yield reads 9.48% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 136.01% and total cumulative return in cash sums $54,103. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $948/mo property income instead of your personal income.
Townhouse
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70507, Lafayette, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,704 (100%) |
| Owner Occupied HU | 5,364 (61.6%) |
| Renter Occupied HU | 2,357 (27.1%) |
| Vacant Housing Units | 983 (11.3%) |
| Median Home Value | $222,659 |
| Average Home Value | $265,455 |
Housing Distribution
Address Breakdown
Residential
8,226
Single Family
7,213
Multi-Family
1,013
Businesses
481
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lauren L Meche • RE/MAX Acadiana
Mls Name: RAA
Mls ID: #2500005961