208 Rue De FrejusBroussardLA70518
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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 Broussard at 208 Rue De Frejus, Broussard, LA, 70518 uses $125,970 cash to close to unlock $2,352/yr annual cash flow and $196/mo monthly cash flow. Total monthly income runs $2,550/mo, and a $1,860/mo payment keeps the spread at $196/mo. Purchase price stands at $380,000, and rental yield measures 8.05% with $2,550/mo rent. Return on cash invested shows 21.78% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 112.85% and total cumulative return in cash records $142,153. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,550/mo property income covering a $1,860/mo payment rather than investor’s personal income.
Single Family
Built in N/A
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70518, Broussard, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,416 (100%) |
| Owner Occupied HU | 5,481 (73.9%) |
| Renter Occupied HU | 1,225 (16.5%) |
| Vacant Housing Units | 710 ( 9.6%) |
| Median Home Value | $283,930 |
| Average Home Value | $307,325 |
Housing Distribution
Address Breakdown
Residential
7,313
Single Family
6,652
Multi-Family
661
Businesses
1,354
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