3269 Highway 308, Raceland, LA, 70394 | 2.27% Rental Yield

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 Raceland at 3269 Highway 308, Raceland, LA, 70394 offers a 2.27% rental yield on a $888,000 purchase with $1,680/mo rent. 37% in year one. Equity gained on principal adds $5,730/yr while 5% annual appreciation supports $245,338 over five years. Portfolio math shows five-year ROI at 19.48% and total cumulative return in cash at $56,916. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,680/mo property income against a $4,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1891

1.79 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70394, Raceland, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,733 (100%)
Owner Occupied HU	4,227 (73.7%)
Renter Occupied HU	1,033 (18.0%)
Vacant Housing Units	473 ( 8.3%)
Median Home Value	$208,782
Average Home Value	$238,542