209 Gun Runner DrCarencroLA70520
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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 Carencro at 209 Gun Runner Dr, Carencro, LA, 70520 uses $86,190 cash to close to unlock $1,548/yr annual cash flow and $129/mo monthly cash flow. Total monthly income runs $1,740/mo, and a $1,273/mo payment keeps the spread at $129/mo. Purchase price stands at $259,999, and rental yield measures 8.03% with $1,740/mo rent. Return on cash invested shows 21.71% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 112.47% and total cumulative return in cash records $96,941. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,740/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 2025
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70520, Carencro, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,896 (100%) |
| Owner Occupied HU | 6,509 (73.2%) |
| Renter Occupied HU | 1,503 (16.9%) |
| Vacant Housing Units | 884 ( 9.9%) |
| Median Home Value | $236,184 |
| Average Home Value | $289,156 |
Housing Distribution
Address Breakdown
Residential
8,260
Single Family
8,197
Multi-Family
63
Businesses
547
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