303 N Main Project RdSchrieverLA70395
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 303 N Main Project Rd, Schriever, LA, 70395 in Schriever the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $419,900 price is below income-first thresholds, but 5%/yr value growth projects $116,011 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $400 |
City averages based on Schriever market data in our database. Property projections are estimates.
Single Family
Built in 2019
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70395, Schriever, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,071 (100%) |
| Owner Occupied HU | 1,556 (75.1%) |
| Renter Occupied HU | 338 (16.3%) |
| Vacant Housing Units | 177 ( 8.5%) |
| Median Home Value | $229,444 |
| Average Home Value | $293,742 |
Housing Distribution
Address Breakdown
Residential
2,133
Single Family
2,133
Multi-Family
0
Businesses
118
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 2019
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70395, Schriever, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,071 (100%) |
| Owner Occupied HU | 1,556 (75.1%) |
| Renter Occupied HU | 338 (16.3%) |
| Vacant Housing Units | 177 ( 8.5%) |
| Median Home Value | $229,444 |
| Average Home Value | $293,742 |
Housing Distribution
Address Breakdown
Residential
2,133
Single Family
2,133
Multi-Family
0
Businesses
118
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Beau Toups • CENTURY 21 Action Realty Inc
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025007746
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 ROAM MLS.