291 Rue RichardGrayLA70359
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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 Gray at 291 Rue Richard, Gray, LA, 70359 at $485,000 posts ROI 9.13% with from $1,560/mo rent. Total monthly income equals $1,560/mo. Return on cash invested measures 9.13% and rental yield reads 3.86% at the current $485,000. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 by year five. Five-year ROI prints 45.05% and total cumulative return in cash totals $72,422. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,560/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2020
0.25 Acres lot
$N/A/sqft
No HOA
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Listed by: Courtney Lirette • 1 Percent Lists United
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024019261
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. Copyright 2025 ROAM MLS.