20 Bowden RdGlenmoraLA71433
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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 Glenmora at 20 Bowden Rd, Glenmora, LA, 71433 with 5% annual appreciation on a $160,000 basis while $1,595/mo rent supports operations. Total monthly income totals $1,595/mo and a $783/mo payment preserves $604/mo for cash returns. Annual cash flow comes to $7,248/yr on $53,040 deployed, and return on cash invested reaches 33.57% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 11.96%. Five-year ROI measures 176.11% and total cumulative return in cash totals $93,410.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,595/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71433, Glenmora, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,121 (100%) |
| Owner Occupied HU | 1,363 (64.3%) |
| Renter Occupied HU | 356 (16.8%) |
| Vacant Housing Units | 402 (19.0%) |
| Median Home Value | $141,992 |
| Average Home Value | $164,582 |
Housing Distribution
Address Breakdown
Residential
1,346
Single Family
1,335
Multi-Family
11
Businesses
71
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Listed by: Angela Chestovich • Better Homes & Gardens Real Estate Rhodes Realty
Mls Name: GCLRA
Mls Provider:
Mls ID: #2502082
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.