20822 Great Plains AveZacharyLA70791
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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 Zachary at 20822 Great Plains Ave, Zachary, LA, 70791 uses $95,141 cash to close to unlock $11,063/yr annual cash flow and $922/mo monthly cash flow. Total monthly income runs $2,700/mo, and a $1,405/mo payment keeps the spread at $922/mo. Purchase price stands at $287,000, and rental yield measures 11.29% with $2,700/mo rent. Return on cash invested shows 31.54% in year one, and 5% annual appreciation builds toward $79,293 over five years. Five-year ROI reaches 165.2% and total cumulative return in cash records $157,174. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,700/mo property income covering a $1,405/mo payment rather than investor’s personal income.
Single Family
Built in 2022
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70791, Zachary, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,498 (100%) |
| Owner Occupied HU | 9,151 (73.2%) |
| Renter Occupied HU | 2,225 (17.8%) |
| Vacant Housing Units | 1,122 ( 9.0%) |
| Median Home Value | $309,940 |
| Average Home Value | $358,189 |
Housing Distribution
Address Breakdown
Residential
12,065
Single Family
10,976
Multi-Family
1,089
Businesses
841
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