2033 1st StGrand CaneLA71032
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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 Grand Cane at 2033 1st St, Grand Cane, LA, 71032 earns $188/mo cash flow from $931/mo rent with a $587/mo payment. Total monthly income totals $931/mo, and annual cash flow totals $2,256/yr on $39,780 capital. ROI tracks 25.58% on current figures, and rental yield reads 9.31% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 133.23% and total cumulative return in cash sums $52,999. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $931/mo property income instead of your personal income.
Single Family
Built in 1959
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71032, Grand Cane, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,034 (100%) |
| Owner Occupied HU | 733 (70.9%) |
| Renter Occupied HU | 147 (14.2%) |
| Vacant Housing Units | 154 (14.9%) |
| Median Home Value | $205,159 |
| Average Home Value | $238,223 |
Housing Distribution
Address Breakdown
Residential
913
Single Family
913
Multi-Family
0
Businesses
67
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Listed by: Tamara Taylor • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #20639063
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.