206A E Canal StChurch PointLA70525
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 Church Point at 206A E Canal St, Church Point, LA, 70525 with 5% annual appreciation on a $142,500 basis while $1,265/mo rent supports operations. Total monthly income totals $1,265/mo and a $697/mo payment preserves $383/mo for cash returns. Annual cash flow comes to $4,593/yr on $47,239 deployed, and return on cash invested reaches 29.63% in year one. Equity gained on principal adds $920/yr, and five-year appreciation sums $39,370 alongside rental yield of 10.65%. Five-year ROI measures 155.02% and total cumulative return in cash totals $73,227.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,265/mo property income versus a $697/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70525, Church Point, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,537 (100%) |
| Owner Occupied HU | 3,835 (69.3%) |
| Renter Occupied HU | 1,226 (22.1%) |
| Vacant Housing Units | 476 ( 8.6%) |
| Median Home Value | $193,959 |
| Average Home Value | $213,531 |
Housing Distribution
Address Breakdown
Residential
5,583
Single Family
5,540
Multi-Family
43
Businesses
224
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert A Burke • Keller Williams Realty Acadiana
Mls Name: RAA
Mls ID: #2600000335