1829 Pine Grove RdSalineLA71070
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 Saline at 1829 Pine Grove Rd, Saline, LA, 71070 offers a 9.18% rental yield on a $153,000 purchase with $1,170/mo rent. Total monthly income registers $1,170/mo, and a $749/mo payment leaves $222/mo available for distribution. Annual cash flow reaches $2,665/yr on $50,720 to close, and return on cash invested stands at 25.16% in year one. Equity gained on principal adds $987/yr while 5% annual appreciation supports $42,271 over five years. Portfolio math shows five-year ROI at 131.12% and total cumulative return in cash at $66,504. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,170/mo property income against a $749/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71070, Saline, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 839 (100%) |
| Owner Occupied HU | 511 (60.9%) |
| Renter Occupied HU | 95 (11.3%) |
| Vacant Housing Units | 233 (27.8%) |
| Median Home Value | $105,793 |
| Average Home Value | $228,816 |
Housing Distribution
Address Breakdown
Residential
742
Single Family
742
Multi-Family
0
Businesses
45
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