233 Barreca StNorcoLA70079
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 Norco at 233 Barreca St, Norco, LA, 70079 at $162,000 posts ROI 25.33% with $242/mo cash flow from $1,246/mo rent. Total monthly income equals $1,246/mo, and annual cash flow records $2,909/yr on $53,703 to close. Return on cash invested measures 25.33% and rental yield reads 9.23% at the current $162,000. Equity gained on principal adds $1,045/yr, and 5% annual appreciation supports $44,758 by year five. Five-year ROI prints 131.96% and total cumulative return in cash totals $70,865.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,246/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1945
4,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70079, Norco, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,304 (100%) |
| Owner Occupied HU | 963 (73.8%) |
| Renter Occupied HU | 223 (17.1%) |
| Vacant Housing Units | 118 ( 9.0%) |
| Median Home Value | $241,700 |
| Average Home Value | $272,879 |
Housing Distribution
Address Breakdown
Residential
1,231
Single Family
1,219
Multi-Family
12
Businesses
115
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Nearby investment properties with comparable prices
Listed by: Jenny Lendle • GL Realty Group, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2482014
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