307 Westfield AveGrayLA70359
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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
Investment property for sale in Gray at 307 Westfield Ave, Gray, LA, 70359 offers a 9.25% rental yield on a $145,100 purchase with $1,118/mo rent. Total monthly income registers $1,118/mo, and a $710/mo payment leaves $219/mo available for distribution. Annual cash flow reaches $2,632/yr on $48,101 to close, and return on cash invested stands at 25.38% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,088 over five years. Portfolio math shows five-year ROI at 132.28% and total cumulative return in cash at $63,628. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,118/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
5,967 sqft lot
$N/A/sqft
No HOA
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Listed by: Renee' Fonseca • Gulf Coast Real Estate, LLC
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025004780
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.