2304 Delta Queen DrVioletLA70092
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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 Violet at 2304 Delta Queen Dr, Violet, LA, 70092 listed at $170,000 pairs $1,329/mo rent with a $832/mo payment to leave $276/mo cash flow. Total monthly income runs $1,329/mo, and annual cash flow reaches $3,312/yr on $56,355 cash to close. Return on cash invested measures 25.79% in year one, and rental yield registers 9.38% at a $170,000 basis. Equity gained on principal adds $1,097/yr, and annual property appreciation at 5% supports $46,968 by year five. Five-year ROI tracks 134.36% and total cumulative return in cash totals $75,717. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,329/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
5,040 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70092, Violet, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,933 (100%) |
| Owner Occupied HU | 1,961 (66.9%) |
| Renter Occupied HU | 791 (27.0%) |
| Vacant Housing Units | 181 ( 6.2%) |
| Median Home Value | $187,877 |
| Average Home Value | $198,005 |
Housing Distribution
Address Breakdown
Residential
2,738
Single Family
2,721
Multi-Family
17
Businesses
76
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Listed by: Harriet Reynolds • LATTER & BLUM (LATT10)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2464117
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