1900 False River DrNew roadsLA70760
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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 New roads at 1900 False River Dr, New roads, LA, 70760 uses $43,062 cash to close to unlock $2,870/yr annual cash flow and $239/mo monthly cash flow. Total monthly income runs $1,044/mo, and a $636/mo payment keeps the spread at $239/mo. Purchase price stands at $129,900, and rental yield measures 9.64% with $1,044/mo rent. Return on cash invested shows 26.57% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 138.71% and total cumulative return in cash records $59,731. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,044/mo property income covering a $636/mo payment rather than investor’s personal income.
Townhouse
Built in 1985
2,134 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70760, New Roads, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,365 (100%) |
| Owner Occupied HU | 1,698 (50.5%) |
| Renter Occupied HU | 1,005 (29.9%) |
| Vacant Housing Units | 662 (19.7%) |
| Median Home Value | $206,790 |
| Average Home Value | $240,428 |
Housing Distribution
Address Breakdown
Residential
2,730
Single Family
2,646
Multi-Family
84
Businesses
394
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