185 Colett DrSunsetLA70584
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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 Sunset at 185 Colett Dr, Sunset, LA, 70584 listed at $207,500 pairs $1,465/mo rent with a $1,016/mo payment to leave $138/mo cash flow. Total monthly income runs $1,465/mo, and annual cash flow reaches $1,651/yr on $68,786 cash to close. Return on cash invested measures 22.31% in year one, and rental yield registers 8.47% at a $207,500 basis. Equity gained on principal adds $1,339/yr, and annual property appreciation at 5% supports $57,328 by year five. Five-year ROI tracks 115.99% and total cumulative return in cash totals $79,787. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,465/mo property income relative to a $1,016/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
6,481 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70584, Sunset, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,529 (100%) |
| Owner Occupied HU | 2,432 (68.9%) |
| Renter Occupied HU | 744 (21.1%) |
| Vacant Housing Units | 353 (10.0%) |
| Median Home Value | $203,563 |
| Average Home Value | $274,230 |
Housing Distribution
Address Breakdown
Residential
3,030
Single Family
2,913
Multi-Family
117
Businesses
136
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Listed by: Robert Hillard • Keller Williams Realty Acadiana
Mls Name: RAA
Mls Provider:
Mls ID: #2500003966
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate. Data last updated 2025-12-22 03:23:21 PST