18213 La Trace RdFrench SettlementLA70733
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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 French Settlement at 18213 La Trace Rd, French Settlement, LA, 70733 generates $1,500/mo in rent and, after a $832/mo payment, leaves $447/mo in cash flow. Total monthly income is $1,500/mo, and annual cash flow is $5,366/yr on $56,322 invested. Return on cash invested sits at 29.44% in year one, and rental yield is 10.59% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 154% and total cumulative return in cash sums $86,738. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,500/mo property income rather than buyer’s personal income.
Manufactured
Built in 2005
4.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70733, French Settlement, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 730 (100%) |
| Owner Occupied HU | 575 (78.8%) |
| Renter Occupied HU | 77 (10.5%) |
| Vacant Housing Units | 78 (10.7%) |
| Median Home Value | $260,859 |
| Average Home Value | $274,891 |
Housing Distribution
Address Breakdown
Residential
737
Single Family
737
Multi-Family
0
Businesses
34
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Listed by: Jeff Gautreau • Villar & Co Real Estate
Mls Name: ROAM MLS
Mls ID: #2025017363