1893 Lagan CtLutcherLA70071
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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 Lutcher at 1893 Lagan Ct, Lutcher, LA, 70071 listed at $395,000 pairs $1,200/mo rent with a $1,933/mo payment. Total monthly income runs $1,200/mo. Return on cash invested measures 8.49% in year one, and rental yield registers 3.65% at a $395,000 basis. Equity gained on principal adds $2,549/yr, and annual property appreciation at 5% supports $109,131 by year five. Five-year ROI tracks 41.59% and total cumulative return in cash totals $54,462. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,200/mo property income relative to a $1,933/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
0.26 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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