306 Le Village DrLaroseLA70373
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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 Larose at 306 Le Village Dr, Larose, LA, 70373 generates $1,478/mo in rent and, after a $954/mo payment, leaves $271/mo in cash flow. Total monthly income is $1,478/mo, and annual cash flow is $3,248/yr on $64,609 invested. Return on cash invested sits at 24.94% in year one, and rental yield is 9.1% on a $194,900 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 129.83% and total cumulative return in cash sums $83,883. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,478/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70373, Larose, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,821 (100%) |
| Owner Occupied HU | 2,011 (71.3%) |
| Renter Occupied HU | 455 (16.1%) |
| Vacant Housing Units | 355 (12.6%) |
| Median Home Value | $172,289 |
| Average Home Value | $272,602 |
Housing Distribution
Address Breakdown
Residential
2,269
Single Family
2,269
Multi-Family
0
Businesses
178
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Listed by: Austin Lapeyrouse • Mirambell Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2472742
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