348 Raymond Church RdEltonLA70532
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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 Elton at 348 Raymond Church Rd, Elton, LA, 70532 at $230,000 posts ROI 11.16% with from $869/mo rent. Total monthly income equals $869/mo. Return on cash invested measures 11.16% and rental yield reads 4.53% at the current $230,000. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 by year five. Five-year ROI prints 55.9% and total cumulative return in cash totals $42,619. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $869/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1983
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70532, Elton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,270 (100%) |
| Owner Occupied HU | 856 (67.4%) |
| Renter Occupied HU | 183 (14.4%) |
| Vacant Housing Units | 231 (18.2%) |
| Median Home Value | $106,504 |
| Average Home Value | $138,919 |
Housing Distribution
Address Breakdown
Residential
788
Single Family
773
Multi-Family
15
Businesses
60
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