18409 Gallatin DrLorangerLA70446
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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
Investment property for sale in Loranger at 18409 Gallatin Dr, Loranger, LA, 70446 uses $109,395 cash to close to unlock $3,264/yr annual cash flow and $272/mo monthly cash flow. Total monthly income runs $2,316/mo, and a $1,615/mo payment keeps the spread at $272/mo. Purchase price stands at $330,000, and rental yield measures 8.42% with $2,316/mo rent. Return on cash invested shows 22.89% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 118.84% and total cumulative return in cash records $130,007. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,316/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 2020
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70446, Loranger, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,210 (100%) |
| Owner Occupied HU | 2,554 (79.6%) |
| Renter Occupied HU | 366 (11.4%) |
| Vacant Housing Units | 290 ( 9.0%) |
| Median Home Value | $245,825 |
| Average Home Value | $279,915 |
Housing Distribution
Address Breakdown
Residential
2,680
Single Family
2,680
Multi-Family
0
Businesses
82
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