208 N Cunningham StRayneLA70578
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 Rayne at 208 N Cunningham St, Rayne, LA, 70578 with 5% annual appreciation on a $120,500 basis while $1,122/mo rent supports operations. Total monthly income totals $1,122/mo and a $590/mo payment preserves $375/mo for cash returns. Annual cash flow comes to $4,504/yr on $39,946 deployed, and return on cash invested reaches 31.18% in year one. Equity gained on principal adds $778/yr, and five-year appreciation sums $33,292 alongside rental yield of 11.17%. Five-year ROI measures 163.41% and total cumulative return in cash totals $65,276.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,122/mo property income versus a $590/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70578, Rayne, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,020 (100%) |
| Owner Occupied HU | 4,552 (64.8%) |
| Renter Occupied HU | 1,753 (25.0%) |
| Vacant Housing Units | 715 (10.2%) |
| Median Home Value | $187,805 |
| Average Home Value | $207,462 |
Housing Distribution
Address Breakdown
Residential
7,159
Single Family
7,044
Multi-Family
115
Businesses
448
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices