204 Sparrowhawk StBroussardLA70518
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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 Broussard at 204 Sparrowhawk St, Broussard, LA, 70518 at $262,500 posts ROI 32.91% with $943/mo cash flow from $2,569/mo rent. Total monthly income equals $2,569/mo, and annual cash flow records $11,313/yr on $87,019 to close. Return on cash invested measures 32.91% and rental yield reads 11.74% at the current $262,500. Equity gained on principal adds $1,694/yr, and 5% annual appreciation supports $72,524 by year five. Five-year ROI prints 172.57% and total cumulative return in cash totals $150,166.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,569/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2019
5,227 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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