32490 Lake Pointe BlvdDenham SpringsLA70706
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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 Denham Springs at 32490 Lake Pointe Blvd, Denham Springs, LA, 70706 uses $72,267 cash to close to unlock $5,395/yr annual cash flow and $450/mo monthly cash flow. Total monthly income runs $1,800/mo, and a $1,067/mo payment keeps the spread at $450/mo. Purchase price stands at $218,000, and rental yield measures 9.91% with $1,800/mo rent. Return on cash invested shows 27.37% in year one, and 5% annual appreciation builds toward $60,229 over five years. Five-year ROI reaches 142.91% and total cumulative return in cash records $103,279. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $1,067/mo payment rather than investor’s personal income.
Single Family
Built in 2017
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70706, Denham Springs, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,216 (100%) |
| Owner Occupied HU | 7,741 (84.0%) |
| Renter Occupied HU | 1,034 (11.2%) |
| Vacant Housing Units | 441 ( 4.8%) |
| Median Home Value | $258,902 |
| Average Home Value | $300,879 |
Housing Distribution
Address Breakdown
Residential
8,967
Single Family
8,926
Multi-Family
41
Businesses
200
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Listed by: Scarlet Callicoatte • Compass - Perkins
Mls Name: ROAM MLS
Mls ID: #2026000667