214 Safe Haven 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
Rental property for sale in Carencro at 214 Safe Haven Dr, Carencro, LA, 70520 priced at $244,318 pairs $1,552/mo rent with $38/mo cash flow after a $1,196/mo payment. Total monthly income equals $1,552/mo, and annual cash flow comes to $461/yr on $80,991 invested. Return on cash invested is 20.48% in year one, and rental yield stands at 7.62% on a $244,318 basis. Equity gained on principal adds $1,577/yr, and 5% annual appreciation accumulates to $67,501 by year five. Five-year ROI measures 105.94% and total cumulative return in cash reaches $85,802. For financing, Ziffy Mortgage’s DSCR program evaluates $1,552/mo property income against a $1,196/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
6,098 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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