181 Pine Cove CirElm GroveLA71051
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 Elm Grove at 181 Pine Cove Cir, Elm Grove, LA, 71051 earns from $2,903/mo rent with a $6,363/mo payment. Total monthly income totals $2,903/mo. ROI tracks 5.7% on current figures, and rental yield reads 2.68% at a $1,299,999 purchase. Equity gained on principal adds $8,389/yr, and 5% annual appreciation supports $359,166 over five years. Five-year ROI reaches 26.54% and total cumulative return in cash sums $111,783. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,903/mo property income instead of your personal income.
Single Family
Built in 1963
52.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71051, Elm Grove, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,040 (100%) |
| Owner Occupied HU | 703 (67.6%) |
| Renter Occupied HU | 122 (11.7%) |
| Vacant Housing Units | 215 (20.7%) |
| Median Home Value | $208,673 |
| Average Home Value | $228,033 |
Housing Distribution
Address Breakdown
Residential
949
Single Family
949
Multi-Family
0
Businesses
38
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Clement • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20876848
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.