200 Corral Way DrBourgLA70343
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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 Bourg at 200 Corral Way Dr, Bourg, LA, 70343 listed at $295,000 pairs $2,122/mo rent with a $1,444/mo payment to leave $295/mo cash flow. Total monthly income runs $2,122/mo, and annual cash flow reaches $3,534/yr on $97,793 cash to close. Return on cash invested measures 23.52% in year one, and rental yield registers 8.63% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Five-year ROI tracks 122.24% and total cumulative return in cash totals $119,546. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,122/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70343, Bourg, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,917 (100%) |
| Owner Occupied HU | 1,614 (84.2%) |
| Renter Occupied HU | 182 ( 9.5%) |
| Vacant Housing Units | 121 ( 6.3%) |
| Median Home Value | $239,474 |
| Average Home Value | $309,097 |
Housing Distribution
Address Breakdown
Residential
1,779
Single Family
1,779
Multi-Family
0
Businesses
114
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Listed by: Austin Lapeyrouse • Mirambell Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2472731
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