29641 Victor Hugo LnAlbanyLA70711
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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 29641 Victor Hugo Ln, Albany, LA, 70711 uses $52,709 cash to close to unlock $1,144/yr annual cash flow and $95/mo monthly cash flow. Total monthly income runs $1,080/mo, and a $778/mo payment keeps the spread at $95/mo. Purchase price stands at $159,000, and rental yield measures 8.15% with $1,080/mo rent. Return on cash invested shows 22.08% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 114.54% and total cumulative return in cash records $60,372. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,080/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1982
0.43 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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