345 Fred Lutz RdWestlakeLA70669
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
Total monthly income runs $1,452/mo, and a $1,248/mo payment. Purchase price stands at $255,000, and rental yield measures 6.83% with $1,452/mo rent. Return on cash invested shows 18.1% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 93.16% and total cumulative return in cash records $78,752. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,452/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1985
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70669, Westlake, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,725 (100%) |
| Owner Occupied HU | 3,043 (64.4%) |
| Renter Occupied HU | 1,019 (21.6%) |
| Vacant Housing Units | 663 (14.0%) |
| Median Home Value | $217,396 |
| Average Home Value | $261,461 |
Housing Distribution
Address Breakdown
Residential
4,095
Single Family
3,727
Multi-Family
368
Businesses
310
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices