2073 Dundee Loop NAbita SpringsLA70420
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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 Abita Springs at 2073 Dundee Loop N, Abita Springs, LA, 70420 uses $70,278 cash to close to unlock $3,833/yr annual cash flow and $319/mo monthly cash flow. Total monthly income runs $1,683/mo, and a $1,038/mo payment keeps the spread at $319/mo. Purchase price stands at $212,000, and rental yield measures 9.53% with $1,683/mo rent. Return on cash invested shows 25.36% in year one, and 5% annual appreciation builds toward $58,572 over five years. Five-year ROI reaches 132.44% and total cumulative return in cash records $93,079. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,683/mo property income covering a $1,038/mo payment rather than investor’s personal income.
Townhouse
Built in 2010
1,785 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70420, Abita Springs, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,877 (100%) |
| Owner Occupied HU | 3,080 (79.4%) |
| Renter Occupied HU | 516 (13.3%) |
| Vacant Housing Units | 281 ( 7.2%) |
| Median Home Value | $297,663 |
| Average Home Value | $327,292 |
Housing Distribution
Address Breakdown
Residential
3,449
Single Family
3,369
Multi-Family
80
Businesses
268
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Listed by: Ashley Callahan • 1 Percent Lists Gulf South
Mls Name: GSREIN
Mls Provider:
Mls ID: #2497400
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.