29203 Elm Dr, Lacombe, LA, 70445 | $471/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
1425 sft

3808 Seagull Cir, Slidell, LA, 70461

4 Bed
2 Bath
2189 sft

1349 Westlawn Dr, Slidell, LA, 70460

4 Bed
2 Bath
1425 sft

4772 Cotton Grass Dr, Slidell, LA, 70461

3 Bed
2 Bath
1220 sft

2521 Bluebird St, Slidell, LA, 70460

Nearby investment properties with comparable prices

Motivated Seller+ 1 more

3 Bed
2 Bath
1650 sft

74307 Zeta Ave, Covington, LA, 70435

2 Bed
2 Bath
1700 sft

141 Highway 22 Hwy E #A-3, Madisonville, LA, 70447

3 Bed
2 Bath
1411 sft

427 Drury Ln, Slidell, LA, 70460

2 Bed
1 Bath
899 sft

Allanton Plan, Lakeshore Villages, Slidell, LA, 70461

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Lacombe at 29203 Elm Dr, Lacombe, LA, 70445 offers a 10.07% rental yield on a $214,500 purchase with $1,800/mo rent. Total monthly income registers $1,800/mo, and a $1,050/mo payment leaves $471/mo available for distribution. Annual cash flow reaches $5,654/yr on $71,107 to close, and return on cash invested stands at 27.86% in year one. Equity gained on principal adds $1,384/yr while 5% annual appreciation supports $59,262 over five years. Portfolio math shows five-year ROI at 145.56% and total cumulative return in cash at $103,500. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $1,050/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2002

0.28 Acres lot

$N/A/sqft

No HOA