3019 English Turn RdBraithwaiteLA70040
Nearby investment properties with comparable rents
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 Braithwaite at 3019 English Turn Rd, Braithwaite, LA, 70040 offers a 9.79% rental yield on a $350,000 purchase with $2,854/mo rent. Total monthly income registers $2,854/mo, and a $1,713/mo payment leaves $686/mo available for distribution. Annual cash flow reaches $8,232/yr on $116,025 to close, and return on cash invested stands at 27% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 140.88% and total cumulative return in cash at $163,454. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,854/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
23.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70040, Braithwaite, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 707 (100%) |
| Owner Occupied HU | 456 (64.5%) |
| Renter Occupied HU | 85 (12.0%) |
| Vacant Housing Units | 166 (23.5%) |
| Median Home Value | $106,875 |
| Average Home Value | $211,694 |
Housing Distribution
Address Breakdown
Residential
498
Single Family
498
Multi-Family
0
Businesses
29
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Listed by: Ryan Wentworth • REVE, REALTORS
Mls Name: GSREIN
Mls ID: #2532867