2416 Elizabeth CtVioletLA70092
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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 2416 Elizabeth Ct, Violet, LA, 70092 offers a 12.68% rental yield on a $194,200 purchase with $2,052/mo rent. Total monthly income registers $2,052/mo, and a $951/mo payment leaves $844/mo available for distribution. Annual cash flow reaches $10,132/yr on $64,377 to close, and return on cash invested stands at 35.65% in year one. Equity gained on principal adds $1,253/yr while 5% annual appreciation supports $53,654 over five years. Portfolio math shows five-year ROI at 187.33% and total cumulative return in cash at $120,599. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,052/mo property income against a $951/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
5,309 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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