304 4th StLulingLA70070
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 Luling at 304 4th St, Luling, LA, 70070 offers a 11.01% rental yield on a $242,000 purchase with $2,220/mo rent. Total monthly income registers $2,220/mo, and a $1,184/mo payment leaves $721/mo available for distribution. Annual cash flow reaches $8,657/yr on $80,223 to close, and return on cash invested stands at 30.7% in year one. Equity gained on principal adds $1,562/yr while 5% annual appreciation supports $66,860 over five years. Portfolio math shows five-year ROI at 160.75% and total cumulative return in cash at $128,958. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,220/mo property income against a $1,184/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70070, Luling, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,140 (100%) |
| Owner Occupied HU | 4,128 (80.3%) |
| Renter Occupied HU | 745 (14.5%) |
| Vacant Housing Units | 267 ( 5.2%) |
| Median Home Value | $279,934 |
| Average Home Value | $317,216 |
Housing Distribution
Address Breakdown
Residential
4,738
Single Family
4,738
Multi-Family
0
Businesses
297
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices