221 Cane Run CtDusonLA70529
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Nearby investment properties with comparable prices
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 Duson at 221 Cane Run Ct, Duson, LA, 70529 with 5% annual appreciation on a $214,900 basis while $1,494/mo rent supports operations. Total monthly income totals $1,494/mo and a $1,052/mo payment preserves $121/mo for cash returns. Annual cash flow comes to $1,452/yr on $71,239 deployed, and return on cash invested reaches 21.95% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,373 alongside rental yield of 8.34%. Five-year ROI measures 114% and total cumulative return in cash totals $81,210.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,494/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
5,998 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70529, Duson, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,650 (100%) |
| Owner Occupied HU | 3,967 (70.2%) |
| Renter Occupied HU | 1,044 (18.5%) |
| Vacant Housing Units | 639 (11.3%) |
| Median Home Value | $238,225 |
| Average Home Value | $273,742 |
Housing Distribution
Address Breakdown
Residential
4,628
Single Family
4,401
Multi-Family
227
Businesses
177
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Nearby investment properties with comparable prices
Listed by: Brian D Carrier • Century 21 Action Realty
Mls Name: RAA
Mls Provider:
Mls ID: #24005971
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 2024-02-12 10:51:22 PST