28368 Longfellow LnAlbanyLA70711
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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 Albany at 28368 Longfellow Ln, Albany, LA, 70711 offers a 9.61% rental yield on a $232,500 purchase with $1,861/mo rent. Total monthly income registers $1,861/mo, and a $1,138/mo payment leaves $421/mo available for distribution. Annual cash flow reaches $5,049/yr on $77,074 to close, and return on cash invested stands at 26.46% in year one. Equity gained on principal adds $1,500/yr while 5% annual appreciation supports $64,235 over five years. Portfolio math shows five-year ROI at 137.99% and total cumulative return in cash at $106,356. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,861/mo property income against a $1,138/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70711, Albany, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,267 (100%) |
| Owner Occupied HU | 1,572 (69.3%) |
| Renter Occupied HU | 550 (24.3%) |
| Vacant Housing Units | 145 ( 6.4%) |
| Median Home Value | $265,966 |
| Average Home Value | $351,212 |
Housing Distribution
Address Breakdown
Residential
1,847
Single Family
1,787
Multi-Family
60
Businesses
155
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