307 & 305 Oakview Dr, Broussard, LA, 70518 | $209/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Broussard at 307 & 305 Oakview Dr, Broussard, LA, 70518 uses $104,423 cash to close to unlock $2,502/yr annual cash flow and $209/mo monthly cash flow. Total monthly income runs $2,160/mo, and a $1,542/mo payment keeps the spread at $209/mo. Purchase price stands at $315,000, and rental yield measures 8.23% with $2,160/mo rent. Return on cash invested shows 22.31% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 115.73% and total cumulative return in cash records $120,845. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $1,542/mo payment rather than investor’s personal income.

Single Family

Built in N/A

0.77 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70518, Broussard, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,416 (100%)
Owner Occupied HU	5,481 (73.9%)
Renter Occupied HU	1,225 (16.5%)
Vacant Housing Units	710 ( 9.6%)
Median Home Value	$283,930
Average Home Value	$307,325