202 Windmill Palm LnBroussardLA70518
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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
Rental property for sale in Broussard at 202 Windmill Palm Ln, Broussard, LA, 70518 priced at $555,000 pairs $2,909/mo rent with after a $2,716/mo payment. Total monthly income equals $2,909/mo. Return on cash invested is 16.59% in year one, and rental yield stands at 6.29% on a $555,000 basis. Equity gained on principal adds $3,581/yr, and 5% annual appreciation accumulates to $153,336 by year five. Five-year ROI measures 85.01% and total cumulative return in cash reaches $155,216. For financing, Ziffy Mortgage’s DSCR program evaluates $2,909/mo property income against a $2,716/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70518, Broussard, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,416 (100%) |
| Owner Occupied HU | 5,481 (73.9%) |
| Renter Occupied HU | 1,225 (16.5%) |
| Vacant Housing Units | 710 ( 9.6%) |
| Median Home Value | $283,930 |
| Average Home Value | $307,325 |
Housing Distribution
Address Breakdown
Residential
7,313
Single Family
6,652
Multi-Family
661
Businesses
1,354
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