216 W Northern AveCrowleyLA70526
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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 Crowley at 216 W Northern Ave, Crowley, LA, 70526 with 5% annual appreciation on a $117,900 basis while $915/mo rent supports operations. Total monthly income totals $915/mo and a $577/mo payment preserves $168/mo for cash returns. Annual cash flow comes to $2,012/yr on $39,084 deployed, and return on cash invested reaches 25.06% in year one. Equity gained on principal adds $761/yr, and five-year appreciation sums $32,574 alongside rental yield of 9.31%. Five-year ROI measures 130.66% and total cumulative return in cash totals $51,068.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $915/mo property income versus a $577/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70526, Crowley, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,214 (100%) |
| Owner Occupied HU | 4,192 (51.0%) |
| Renter Occupied HU | 2,587 (31.5%) |
| Vacant Housing Units | 1,435 (17.5%) |
| Median Home Value | $174,599 |
| Average Home Value | $221,270 |
Housing Distribution
Address Breakdown
Residential
7,487
Single Family
7,161
Multi-Family
326
Businesses
575
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