353 Channelview DrHackberryLA70645
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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 Hackberry at 353 Channelview Dr, Hackberry, LA, 70645 generates $1,512/mo in rent and, after a $979/mo payment, leaves $273/mo in cash flow. Total monthly income is $1,512/mo, and annual cash flow is $3,276/yr on $66,300 invested. Return on cash invested sits at 24.85% in year one, and rental yield is 9.07% on a $199,999 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 129.33% and total cumulative return in cash sums $85,748. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,512/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70645, Hackberry, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 981 (100%) |
| Owner Occupied HU | 504 (51.4%) |
| Renter Occupied HU | 37 ( 3.8%) |
| Vacant Housing Units | 440 (44.9%) |
| Median Home Value | $226,563 |
| Average Home Value | $220,149 |
Housing Distribution
Address Breakdown
Residential
641
Single Family
617
Multi-Family
24
Businesses
52
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