253 Central AveReserveLA70084
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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 Reserve at 253 Central Ave, Reserve, LA, 70084 earns $273/mo cash flow from $1,295/mo rent with a $808/mo payment. Total monthly income totals $1,295/mo, and annual cash flow totals $3,270/yr on $54,698 capital. ROI tracks 25.89% on current figures, and rental yield reads 9.42% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 134.94% and total cumulative return in cash sums $73,811. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,295/mo property income instead of your personal income.
Single Family
Built in 1941
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70084, Reserve, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,933 (100%) |
| Owner Occupied HU | 1,872 (63.8%) |
| Renter Occupied HU | 617 (21.0%) |
| Vacant Housing Units | 444 (15.1%) |
| Median Home Value | $168,519 |
| Average Home Value | $185,685 |
Housing Distribution
Address Breakdown
Residential
2,420
Single Family
2,420
Multi-Family
0
Businesses
206
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Listed by: Victor Lizarraga • 1 Percent Lists Premier
Mls Name: GSREIN
Mls Provider:
Mls ID: #2473855
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. [Click here for more information](/info/mls-disclaimers/#mls_250)