227 Boss RdCanktonLA70584
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
Investment property for sale in Cankton at 227 Boss Rd, Cankton, LA, 70584 uses $50,388 cash to close to unlock $4,757/yr annual cash flow and $396/mo monthly cash flow. Total monthly income runs $1,338/mo, and a $744/mo payment keeps the spread at $396/mo. Purchase price stands at $152,000, and rental yield measures 10.56% with $1,338/mo rent. Return on cash invested shows 29.35% in year one, and 5% annual appreciation builds toward $41,995 over five years. Five-year ROI reaches 153.51% and total cumulative return in cash records $77,350. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,338/mo property income covering a $744/mo payment rather than investor’s personal income.
Single Family
Built in 1997
2.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70584, Sunset, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,529 (100%) |
| Owner Occupied HU | 2,432 (68.9%) |
| Renter Occupied HU | 744 (21.1%) |
| Vacant Housing Units | 353 (10.0%) |
| Median Home Value | $203,563 |
| Average Home Value | $274,230 |
Housing Distribution
Address Breakdown
Residential
3,030
Single Family
2,913
Multi-Family
117
Businesses
136
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices