215 Hesper Dr, Carencro, LA, 70520 | $662/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Carencro at 215 Hesper Dr, Carencro, LA, 70520 offers $1,949/mo rent that, after a $1,017/mo payment, leaves $662/mo cash flow. Total monthly income is $1,949/mo, and annual cash flow is $7,943/yr on $68,877 cash. Return on cash invested measures 31.44% in year one, and rental yield stands at 11.26% at a $207,775 entry. Equity gained on principal adds $1,341/yr while 5% annual appreciation compounds into $57,404 by year five. Five-year ROI records 164.69% and total cumulative return in cash reaches $113,437. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,949/mo property income versus a $1,017/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

7,405 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