2929 Meadow Grove AveZacharyLA70791
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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
Rental property for sale in Zachary at 2929 Meadow Grove Ave, Zachary, LA, 70791 generates $2,700/mo in rent and, after a $1,582/mo payment, leaves $312/mo in cash flow. Total monthly income is $2,700/mo, and annual cash flow is $3,746/yr on $107,174 invested. Return on cash invested sits at 23.4% in year one, and rental yield is 10.02% on a $323,300 entry. Equity gained on principal adds $2,086/yr, while 5% annual appreciation builds toward $89,322 over five years. Five-year ROI reaches 123.19% and total cumulative return in cash sums $132,031. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,700/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
8,276 sqft lot
$N/A/sqft
$3,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70791, Zachary, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,498 (100%) |
| Owner Occupied HU | 9,151 (73.2%) |
| Renter Occupied HU | 2,225 (17.8%) |
| Vacant Housing Units | 1,122 ( 9.0%) |
| Median Home Value | $309,940 |
| Average Home Value | $358,189 |
Housing Distribution
Address Breakdown
Residential
12,065
Single Family
10,976
Multi-Family
1,089
Businesses
841
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Listed by: Tammy Bryant • Realty One Group Immobilia
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025010122
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.