1869 2nd StLutcherLA70071
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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
Total monthly income runs $3,546/mo, and a $3,796/mo payment. Purchase price stands at $775,500, and rental yield measures 5.49% with $3,546/mo rent. Return on cash invested shows 14.14% in year one, and 5% annual appreciation builds toward $214,256 over five years. Five-year ROI reaches 71.89% and total cumulative return in cash records $183,428. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,546/mo property income covering a $3,796/mo payment rather than investor’s personal income.
Single Family
Built in 1989
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70071, Lutcher, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,488 (100%) |
| Owner Occupied HU | 1,035 (69.6%) |
| Renter Occupied HU | 290 (19.5%) |
| Vacant Housing Units | 163 (11.0%) |
| Median Home Value | $201,136 |
| Average Home Value | $232,316 |
Housing Distribution
Address Breakdown
Residential
850
Single Family
850
Multi-Family
0
Businesses
112
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