18443 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
Investment property for sale in French Settlement at 18443 La Trace Rd, French Settlement, LA, 70733 uses $46,410 cash to close to unlock $2,280/yr annual cash flow and $190/mo monthly cash flow. Total monthly income runs $1,057/mo, and a $685/mo payment keeps the spread at $190/mo. Purchase price stands at $140,000, and rental yield measures 9.06% with $1,057/mo rent. Return on cash invested shows 24.82% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 129.18% and total cumulative return in cash records $59,950. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,057/mo property income covering a $685/mo payment rather than investor’s personal income.
Manufactured
Built in 1995
5.30 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: Brad Sagona • Better Homes and Gardens Real Estate - Tiger Town BR
Mls Name: ROAM MLS
Mls ID: #2026000079