3 Governor Edwards DrCrowleyLA70526
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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 Crowley at 3 Governor Edwards Dr, Crowley, LA, 70526 generates $1,460/mo in rent, after a $1,444/mo payment. Total monthly income is $1,460/mo. Return on cash invested sits at 15.4% in year one, and rental yield is 5.94% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 78.68% and total cumulative return in cash sums $76,946. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,460/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70526, Crowley, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,214 (100%) |
| Owner Occupied HU | 4,192 (51.0%) |
| Renter Occupied HU | 2,587 (31.5%) |
| Vacant Housing Units | 1,435 (17.5%) |
| Median Home Value | $174,599 |
| Average Home Value | $221,270 |
Housing Distribution
Address Breakdown
Residential
7,487
Single Family
7,161
Multi-Family
326
Businesses
575
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