331 River Ridge DrBoutteLA70039
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
Investment property for sale in Boutte at 331 River Ridge Dr, Boutte, LA, 70039 with 5% annual appreciation on a $264,999 basis while $1,560/mo rent supports operations. 8% in year one. Equity gained on principal adds $1,710/yr, and five-year appreciation sums $73,214 alongside rental yield of 7.06%. Five-year ROI measures 96.91% and total cumulative return in cash totals $85,131. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,560/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
8,190 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70039, Boutte, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,171 (100%) |
| Owner Occupied HU | 751 (64.1%) |
| Renter Occupied HU | 335 (28.6%) |
| Vacant Housing Units | 85 ( 7.3%) |
| Median Home Value | $286,111 |
| Average Home Value | $291,365 |
Housing Distribution
Address Breakdown
Residential
785
Single Family
785
Multi-Family
0
Businesses
140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angelique Sterling • KELLER WILLIAMS REALTY 455-0100
Mls Name: GSREIN
Mls Provider:
Mls ID: #2513563
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.