28492 Elmer DrBushLA70431
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 28492 Elmer Dr, Bush, LA, 70431 in Bush the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $218,000 price is below income-first thresholds, but 5%/yr value growth projects $60,229 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $450 |
City averages based on Bush market data in our database. Property projections are estimates.
Single Family
Built in 1998
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70431, Bush, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,920 (100%) |
| Owner Occupied HU | 2,325 (79.6%) |
| Renter Occupied HU | 307 (10.5%) |
| Vacant Housing Units | 288 ( 9.9%) |
| Median Home Value | $367,822 |
| Average Home Value | $405,738 |
Housing Distribution
Address Breakdown
Residential
2,264
Single Family
2,264
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1998
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70431, Bush, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,920 (100%) |
| Owner Occupied HU | 2,325 (79.6%) |
| Renter Occupied HU | 307 (10.5%) |
| Vacant Housing Units | 288 ( 9.9%) |
| Median Home Value | $367,822 |
| Average Home Value | $405,738 |
Housing Distribution
Address Breakdown
Residential
2,264
Single Family
2,264
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Ashley Callahan • 1 Percent Lists Gulf South
Mls Name: GSREIN
Mls Provider:
Mls ID: #2512128
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.