21064 Chappepeela RdLorangerLA70446
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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
Rental property for sale in Loranger at 21064 Chappepeela Rd, Loranger, LA, 70446 generates $2,363/mo in rent, after a $2,026/mo payment. Total monthly income is $2,363/mo. Return on cash invested sits at 18.15% in year one, and rental yield is 6.85% on a $414,000 entry. Equity gained on principal adds $2,671/yr, while 5% annual appreciation builds toward $114,381 over five years. Five-year ROI reaches 93.41% and total cumulative return in cash sums $128,203. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,363/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
12.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70446, Loranger, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,210 (100%) |
| Owner Occupied HU | 2,554 (79.6%) |
| Renter Occupied HU | 366 (11.4%) |
| Vacant Housing Units | 290 ( 9.0%) |
| Median Home Value | $245,825 |
| Average Home Value | $279,915 |
Housing Distribution
Address Breakdown
Residential
2,680
Single Family
2,680
Multi-Family
0
Businesses
82
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Listed by: Andrew LeSaicherre • Honeycomb Homes & Properties
Mls Name: GSREIN
Mls Provider:
Mls ID: #2445931
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