2232 Connie DrDenham SpringsLA70726
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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 Denham Springs at 2232 Connie Dr, Denham Springs, LA, 70726 earns $220/mo cash flow from $1,025/mo rent with a $636/mo payment. Total monthly income totals $1,025/mo, and annual cash flow totals $2,640/yr on $43,095 capital. ROI tracks 26.03% on current figures, and rental yield reads 9.46% at a $130,000 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 over five years. Five-year ROI reaches 135.67% and total cumulative return in cash sums $58,467. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,025/mo property income instead of your personal income.
Single Family
Built in 1985
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70726, Denham Springs, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,377 (100%) |
| Owner Occupied HU | 18,181 (68.9%) |
| Renter Occupied HU | 6,047 (22.9%) |
| Vacant Housing Units | 2,149 ( 8.1%) |
| Median Home Value | $245,059 |
| Average Home Value | $287,868 |
Housing Distribution
Address Breakdown
Residential
25,796
Single Family
23,918
Multi-Family
1,878
Businesses
1,199
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Listed by: Kyle Franklin • Covington & Associates Real Estate, LLC
Mls Name: ROAM MLS
Mls ID: #2025018445