1951 Riviera RdWestlakeLA70669
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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
Rental property for sale in Westlake at 1951 Riviera Rd, Westlake, LA, 70669 generates $2,384/mo in rent, after a $2,374/mo payment. Total monthly income is $2,384/mo. Return on cash invested sits at 15.28% in year one, and rental yield is 5.9% on a $484,999 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,996 over five years. Five-year ROI reaches 78.02% and total cumulative return in cash sums $125,438. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,384/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70669, Westlake, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,725 (100%) |
| Owner Occupied HU | 3,043 (64.4%) |
| Renter Occupied HU | 1,019 (21.6%) |
| Vacant Housing Units | 663 (14.0%) |
| Median Home Value | $217,396 |
| Average Home Value | $261,461 |
Housing Distribution
Address Breakdown
Residential
4,095
Single Family
3,727
Multi-Family
368
Businesses
310
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