202 East RdNorcoLA70079
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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 Norco at 202 East Rd, Norco, LA, 70079 earns $172/mo cash flow from $859/mo rent with a $543/mo payment. Total monthly income totals $859/mo, and annual cash flow totals $2,060/yr on $36,797 capital. ROI tracks 25.51% on current figures, and rental yield reads 9.29% at a $111,000 purchase. Equity gained on principal adds $716/yr, and 5% annual appreciation supports $30,667 over five years. Five-year ROI reaches 132.9% and total cumulative return in cash sums $48,902. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $859/mo property income instead of your personal income.
Single Family
Built in 1950
10,432 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70079, Norco, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,304 (100%) |
| Owner Occupied HU | 963 (73.8%) |
| Renter Occupied HU | 223 (17.1%) |
| Vacant Housing Units | 118 ( 9.0%) |
| Median Home Value | $241,700 |
| Average Home Value | $272,879 |
Housing Distribution
Address Breakdown
Residential
1,231
Single Family
1,219
Multi-Family
12
Businesses
115
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Listed by: Patricia Stevens • Hera Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2518250
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.