2037 Licciardi LnVioletLA70092
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
Investment property for sale in Violet at 2037 Licciardi Ln, Violet, LA, 70092 uses $42,764 cash to close to unlock $2,380/yr annual cash flow and $198/mo monthly cash flow. Total monthly income runs $997/mo, and a $631/mo payment keeps the spread at $198/mo. Purchase price stands at $129,000, and rental yield measures 9.27% with $997/mo rent. Return on cash invested shows 25.47% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 132.76% and total cumulative return in cash records $56,773. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $997/mo property income covering a $631/mo payment rather than investor’s personal income.
Single Family
Built in 2009
6,398 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70092, Violet, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,933 (100%) |
| Owner Occupied HU | 1,961 (66.9%) |
| Renter Occupied HU | 791 (27.0%) |
| Vacant Housing Units | 181 ( 6.2%) |
| Median Home Value | $187,877 |
| Average Home Value | $198,005 |
Housing Distribution
Address Breakdown
Residential
2,738
Single Family
2,721
Multi-Family
17
Businesses
76
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices