216 Hester WayCarencroLA70520
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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 216 Hester Way, Carencro, LA, 70520 with 5% annual appreciation on a $197,650 basis while $1,740/mo rent supports operations. Total monthly income totals $1,740/mo and a $967/mo payment preserves $473/mo for cash returns. Annual cash flow comes to $5,677/yr on $65,521 deployed, and return on cash invested reaches 28.57% in year one. Equity gained on principal adds $1,275/yr, and five-year appreciation sums $54,607 alongside rental yield of 10.56%. Five-year ROI measures 149.67% and total cumulative return in cash totals $98,066.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,740/mo property income versus a $967/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
6,534 sqft lot
$N/A/sqft
$43 monthly 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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Listed by: Saun Sullivan • Cicero Realty LLC
Mls Name: RAA
Mls Provider:
Mls ID: #2500001462
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate. Data last updated 2025-10-23 03:05:10 PDT