204 Union DrHahnvilleLA70057
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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 Hahnville at 204 Union Dr, Hahnville, LA, 70057 priced at $724,000 converts $1,740/mo rent into after a $3,544/mo obligation. Total monthly income equals $1,740/mo. Return on cash invested prints 6.23% in year one, and rental yield reads 2.88% against a $724,000 entry. Equity gained on principal adds $4,672/yr, while 5% annual appreciation compiles into $200,028 by year five. Five-year ROI reaches 29.46% and total cumulative return in cash sums $70,179. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,740/mo property income covering a $3,544/mo payment, not borrower’s personal income.
Single Family
Built in 2016
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70057, Hahnville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,756 (100%) |
| Owner Occupied HU | 1,267 (72.2%) |
| Renter Occupied HU | 288 (16.4%) |
| Vacant Housing Units | 201 (11.4%) |
| Median Home Value | $250,839 |
| Average Home Value | $249,096 |
Housing Distribution
Address Breakdown
Residential
1,290
Single Family
1,290
Multi-Family
0
Businesses
85
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