20021 Gleber DrLorangerLA70446
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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 Loranger at 20021 Gleber Dr, Loranger, LA, 70446 uses $111,053 cash to close to unlock $1,506/yr annual cash flow and $126/mo monthly cash flow. Total monthly income runs $2,201/mo, and a $1,640/mo payment keeps the spread at $126/mo. Purchase price stands at $335,000, and rental yield measures 7.88% with $2,201/mo rent. Return on cash invested shows 21.27% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 110.14% and total cumulative return in cash records $122,312. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,201/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 2007
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70446, Loranger, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,210 (100%) |
| Owner Occupied HU | 2,554 (79.6%) |
| Renter Occupied HU | 366 (11.4%) |
| Vacant Housing Units | 290 ( 9.0%) |
| Median Home Value | $245,825 |
| Average Home Value | $279,915 |
Housing Distribution
Address Breakdown
Residential
2,680
Single Family
2,680
Multi-Family
0
Businesses
82
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Listed by: Lynsie White • Monument Real Estate, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2497043
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.