206 Darwen Dr, Raceland, LA, 70394 | $767/mo Cash Flow

For Sale

Motivated Seller

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Raceland at 206 Darwen Dr, Raceland, LA, 70394 priced at $230,000 converts $2,192/mo rent into $767/mo cash flow after a $1,126/mo obligation. Total monthly income equals $2,192/mo, and annual cash flow totals $9,204/yr on $76,245 invested. Return on cash invested prints 31.98% in year one, and rental yield reads 11.44% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 167.56% and total cumulative return in cash sums $127,759. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,192/mo property income covering a $1,126/mo payment, not borrower’s personal income.

Single Family

Built in 2021

7,230 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70394, Raceland, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,733 (100%)
Owner Occupied HU	4,227 (73.7%)
Renter Occupied HU	1,033 (18.0%)
Vacant Housing Units	473 ( 8.3%)
Median Home Value	$208,782
Average Home Value	$238,542