18327 Ardoin Cove RdWelshLA70591
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 Welsh at 18327 Ardoin Cove Rd, Welsh, LA, 70591 offers a 9.54% rental yield on a $119,000 purchase with $946/mo rent. Total monthly income registers $946/mo, and a $582/mo payment leaves $209/mo available for distribution. Annual cash flow reaches $2,512/yr on $39,449 to close, and return on cash invested stands at 26.28% in year one. Equity gained on principal adds $768/yr while 5% annual appreciation supports $32,878 over five years. Portfolio math shows five-year ROI at 137.08% and total cumulative return in cash at $54,077. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $946/mo property income against a $582/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2008
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70591, Welsh, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,424 (100%) |
| Owner Occupied HU | 1,593 (65.7%) |
| Renter Occupied HU | 536 (22.1%) |
| Vacant Housing Units | 295 (12.2%) |
| Median Home Value | $178,632 |
| Average Home Value | $193,374 |
Housing Distribution
Address Breakdown
Residential
2,142
Single Family
2,122
Multi-Family
20
Businesses
126
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices