220 Saint Pierre BlvdCarencroLA70520
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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 220 Saint Pierre Blvd, Carencro, LA, 70520 priced at $170,000 pairs $1,285/mo rent with $232/mo cash flow after a $832/mo payment. Total monthly income equals $1,285/mo, and annual cash flow comes to $2,784/yr on $56,355 invested. Return on cash invested is 24.85% in year one, and rental yield stands at 9.07% on a $170,000 basis. Equity gained on principal adds $1,097/yr, and 5% annual appreciation accumulates to $46,968 by year five. Five-year ROI measures 129.35% and total cumulative return in cash reaches $72,897. For financing, Ziffy Mortgage’s DSCR program evaluates $1,285/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
0.36 Acres 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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