277 Wilson StRacelandLA70394
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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 Raceland at 277 Wilson St, Raceland, LA, 70394 at $160,000 posts ROI 26.29% with $282/mo cash flow from $1,273/mo rent. Total monthly income equals $1,273/mo, and annual cash flow records $3,384/yr on $53,040 to close. Return on cash invested measures 26.29% and rental yield reads 9.55% at the current $160,000. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 by year five. Five-year ROI prints 137.06% and total cumulative return in cash totals $72,698.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,273/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Home Type Unknown
Built in 1957
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70394, Raceland, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,733 (100%) |
| Owner Occupied HU | 4,227 (73.7%) |
| Renter Occupied HU | 1,033 (18.0%) |
| Vacant Housing Units | 473 ( 8.3%) |
| Median Home Value | $208,782 |
| Average Home Value | $238,542 |
Housing Distribution
Address Breakdown
Residential
5,355
Single Family
5,343
Multi-Family
12
Businesses
263
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