24256 Sharp Shinned DrDenham SpringsLA70726
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 Denham Springs at 24256 Sharp Shinned Dr, Denham Springs, LA, 70726 uses $101,273 cash to close to unlock $130/yr annual cash flow and $11/mo monthly cash flow. Total monthly income runs $1,903/mo, and a $1,495/mo payment keeps the spread at $11/mo. Purchase price stands at $305,500, and rental yield measures 7.47% with $1,903/mo rent. Return on cash invested shows 20.04% in year one, and 5% annual appreciation builds toward $84,404 over five years. Five-year ROI reaches 103.55% and total cumulative return in cash records $104,867. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,903/mo property income covering a $1,495/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70726, Denham Springs, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,377 (100%) |
| Owner Occupied HU | 18,181 (68.9%) |
| Renter Occupied HU | 6,047 (22.9%) |
| Vacant Housing Units | 2,149 ( 8.1%) |
| Median Home Value | $245,059 |
| Average Home Value | $287,868 |
Housing Distribution
Address Breakdown
Residential
25,796
Single Family
23,918
Multi-Family
1,878
Businesses
1,199
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tassie Fonseca • Lamplighter Realty, LLC
Mls Name: ROAM MLS
Mls ID: #2025020026