309 Allie LnLulingLA70070
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
Rental property for sale in Luling at 309 Allie Ln, Luling, LA, 70070 offers $1,946/mo rent that, after a $1,331/mo payment, leaves $261/mo cash flow. Total monthly income is $1,946/mo, and annual cash flow is $3,137/yr on $90,168 cash. Return on cash invested measures 23.39% in year one, and rental yield stands at 8.59% at a $272,000 entry. Equity gained on principal adds $1,755/yr while 5% annual appreciation compounds into $75,149 by year five. Five-year ROI records 121.54% and total cumulative return in cash reaches $109,589. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,946/mo property income versus a $1,331/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
6,181 sqft 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
Listed by: Jermaine Clark • Homesmart Realty South
Mls Name: GSREIN
Mls Provider:
Mls ID: #2496506
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.