181 Chase DrBourgLA70343
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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
Rental property for sale in Bourg at 181 Chase Dr, Bourg, LA, 70343 priced at $470,000 pairs $2,940/mo rent with $29/mo cash flow after a $2,300/mo payment. Total monthly income equals $2,940/mo, and annual cash flow comes to $348/yr on $155,805 invested. Return on cash invested is 20.13% in year one, and rental yield stands at 7.51% on a $470,000 basis. Equity gained on principal adds $3,033/yr, and 5% annual appreciation accumulates to $129,852 by year five. Five-year ROI measures 104.04% and total cumulative return in cash reaches $162,093. For financing, Ziffy Mortgage’s DSCR program evaluates $2,940/mo property income against a $2,300/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70343, Bourg, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,917 (100%) |
| Owner Occupied HU | 1,614 (84.2%) |
| Renter Occupied HU | 182 ( 9.5%) |
| Vacant Housing Units | 121 ( 6.3%) |
| Median Home Value | $239,474 |
| Average Home Value | $309,097 |
Housing Distribution
Address Breakdown
Residential
1,779
Single Family
1,779
Multi-Family
0
Businesses
114
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