20195 Deveron DrPonchatoulaLA70454
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ponchatoula at 20195 Deveron Dr, Ponchatoula, LA, 70454 generates $2,291/mo in rent and, after a $1,322/mo payment, leaves $354/mo in cash flow. Total monthly income is $2,291/mo, and annual cash flow is $4,248/yr on $89,505 invested. Return on cash invested sits at 24.66% in year one, and rental yield is 10.18% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 129.57% and total cumulative return in cash sums $115,969. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,291/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
0.27 Acres lot
$N/A/sqft
$264 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70454, Ponchatoula, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,026 (100%) |
| Owner Occupied HU | 11,220 (74.7%) |
| Renter Occupied HU | 2,717 (18.1%) |
| Vacant Housing Units | 1,089 ( 7.2%) |
| Median Home Value | $234,027 |
| Average Home Value | $258,589 |
Housing Distribution
Address Breakdown
Residential
14,785
Single Family
14,597
Multi-Family
188
Businesses
610
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Listed by: Jaci R Hiatt • HHS-PM, LLC
Mls Name: RAA
Mls Provider:
Mls ID: #25000886
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. IDX information is provided exclusively for consumers' 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 deemed reliable, but not guaranteed accurate. Data last updated 2024-02-12 10:51:22 PST