221 Rue De La RochelleBroussardLA70518
Nearby investment properties with comparable rents
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
Rental property for sale in Broussard at 221 Rue De La Rochelle, Broussard, LA, 70518 offers $3,475/mo rent that, after a $4,356/mo payment. Total monthly income is $3,475/mo. Return on cash invested measures 11.71% in year one, and rental yield stands at 4.69% at a $890,000 entry. Equity gained on principal adds $5,743/yr while 5% annual appreciation compounds into $245,891 by year five. Five-year ROI records 58.84% and total cumulative return in cash reaches $172,276. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,475/mo property income versus a $4,356/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70518, Broussard, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,416 (100%) |
| Owner Occupied HU | 5,481 (73.9%) |
| Renter Occupied HU | 1,225 (16.5%) |
| Vacant Housing Units | 710 ( 9.6%) |
| Median Home Value | $283,930 |
| Average Home Value | $307,325 |
Housing Distribution
Address Breakdown
Residential
7,313
Single Family
6,652
Multi-Family
661
Businesses
1,354
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