28699 Ross TrlAlbanyLA70711
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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 28699 Ross Trl, Albany, LA, 70711 offers a 11.27% rental yield on a $115,000 purchase with $1,080/mo rent. Total monthly income registers $1,080/mo, and a $563/mo payment leaves $368/mo available for distribution. Annual cash flow reaches $4,410/yr on $38,123 to close, and return on cash invested stands at 31.48% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 164.93% and total cumulative return in cash at $62,877. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,080/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
1 Acres 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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