22450 Elderberry LnBushLA70431
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 Bush at 22450 Elderberry Ln, Bush, LA, 70431 generates $4,988/mo in rent, after a $7,831/mo payment. Total monthly income is $4,988/mo. Return on cash invested sits at 8.97% in year one, and rental yield is 3.74% on a $1,600,000 entry. Equity gained on principal adds $10,325/yr, while 5% annual appreciation builds toward $442,051 over five years. Five-year ROI reaches 44.11% and total cumulative return in cash sums $228,651. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,988/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
7.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70431, Bush, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,920 (100%) |
| Owner Occupied HU | 2,325 (79.6%) |
| Renter Occupied HU | 307 (10.5%) |
| Vacant Housing Units | 288 ( 9.9%) |
| Median Home Value | $367,822 |
| Average Home Value | $405,738 |
Housing Distribution
Address Breakdown
Residential
2,264
Single Family
2,264
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices