300 Ashgrove LnBroussardLA70518
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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 Broussard at 300 Ashgrove Ln, Broussard, LA, 70518 priced at $788,733 converts $3,180/mo rent into after a $3,860/mo obligation. Total monthly income equals $3,180/mo. Return on cash invested prints 12.17% in year one, and rental yield reads 4.84% against a $788,733 entry. Equity gained on principal adds $5,090/yr, while 5% annual appreciation compiles into $217,912 by year five. Five-year ROI reaches 61.33% and total cumulative return in cash sums $159,154. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,180/mo property income covering a $3,860/mo payment, not borrower’s personal income.
Single Family
Built in 2025
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70518, Broussard, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,416 (100%) |
| Owner Occupied HU | 5,481 (73.9%) |
| Renter Occupied HU | 1,225 (16.5%) |
| Vacant Housing Units | 710 ( 9.6%) |
| Median Home Value | $283,930 |
| Average Home Value | $307,325 |
Housing Distribution
Address Breakdown
Residential
7,313
Single Family
6,652
Multi-Family
661
Businesses
1,354
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