209 River Oaks DrWestlakeLA70669
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
Rental property for sale in Westlake at 209 River Oaks Dr, Westlake, LA, 70669 generates $1,567/mo in rent and, after a $1,076/mo payment, leaves $205/mo in cash flow. Total monthly income is $1,567/mo, and annual cash flow is $2,462/yr on $72,897 invested. Return on cash invested sits at 23.29% in year one, and rental yield is 8.55% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 121.01% and total cumulative return in cash sums $88,216. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,567/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70669, Westlake, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,725 (100%) |
| Owner Occupied HU | 3,043 (64.4%) |
| Renter Occupied HU | 1,019 (21.6%) |
| Vacant Housing Units | 663 (14.0%) |
| Median Home Value | $217,396 |
| Average Home Value | $261,461 |
Housing Distribution
Address Breakdown
Residential
4,095
Single Family
3,727
Multi-Family
368
Businesses
310
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices