300 Lionel CtAbita SpringsLA70420
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Nearby investment properties with comparable prices
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 Abita Springs at 300 Lionel Ct, Abita Springs, LA, 70420 at $200,000 posts ROI 22.7% with $154/mo cash flow from $1,393/mo rent. Total monthly income equals $1,393/mo, and annual cash flow records $1,848/yr on $66,300 to close. Return on cash invested measures 22.7% and rental yield reads 8.36% at the current $200,000. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 by year five. Five-year ROI prints 117.77% and total cumulative return in cash totals $78,080.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,393/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70420, Abita Springs, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,877 (100%) |
| Owner Occupied HU | 3,080 (79.4%) |
| Renter Occupied HU | 516 (13.3%) |
| Vacant Housing Units | 281 ( 7.2%) |
| Median Home Value | $297,663 |
| Average Home Value | $327,292 |
Housing Distribution
Address Breakdown
Residential
3,449
Single Family
3,369
Multi-Family
80
Businesses
268
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Listed by: Kelly Toney • Tranzon Asset Advisors of TX, LLC
Mls Name: GSREIN
Mls ID: #2498672