3290 Old Baker RdZacharyLA70791
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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
Rental property for sale in Zachary at 3290 Old Baker Rd, Zachary, LA, 70791 generates $1,945/mo in rent and, after a $1,027/mo payment, leaves $645/mo in cash flow. Total monthly income is $1,945/mo, and annual cash flow is $7,742/yr on $69,582 invested. Return on cash invested sits at 31.03% in year one, and rental yield is 11.12% on a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 162.57% and total cumulative return in cash sums $113,120. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,945/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70791, Zachary, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,498 (100%) |
| Owner Occupied HU | 9,151 (73.2%) |
| Renter Occupied HU | 2,225 (17.8%) |
| Vacant Housing Units | 1,122 ( 9.0%) |
| Median Home Value | $309,940 |
| Average Home Value | $358,189 |
Housing Distribution
Address Breakdown
Residential
12,065
Single Family
10,976
Multi-Family
1,089
Businesses
841
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