2265 Highway 39BraithwaiteLA70040
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 Braithwaite at 2265 Highway 39, Braithwaite, LA, 70040 generates $4,667/mo in rent, after a $7,831/mo payment. Total monthly income is $4,667/mo. Return on cash invested sits at 8.23% in year one, and rental yield is 3.5% 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 40.12% and total cumulative return in cash sums $207,975. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,667/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
84.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70040, Braithwaite, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 707 (100%) |
| Owner Occupied HU | 456 (64.5%) |
| Renter Occupied HU | 85 (12.0%) |
| Vacant Housing Units | 166 (23.5%) |
| Median Home Value | $106,875 |
| Average Home Value | $211,694 |
Housing Distribution
Address Breakdown
Residential
498
Single Family
498
Multi-Family
0
Businesses
29
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Nearby investment properties with comparable prices
Listed by: Eleanor Farnsworth • LATTER & BLUM
Mls Name: GSREIN
Mls ID: #2516320