3634 Highway 39BraithwaiteLA70040
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 Braithwaite at 3634 Highway 39, Braithwaite, LA, 70040 listed at $374,900 pairs $2,556/mo rent with a $1,835/mo payment to leave $234/mo cash flow. Total monthly income runs $2,556/mo, and annual cash flow reaches $2,804/yr on $124,279 cash to close. Return on cash invested measures 22.16% in year one, and rental yield registers 8.18% at a $374,900 basis. Equity gained on principal adds $2,419/yr, and annual property appreciation at 5% supports $103,578 by year five. Five-year ROI tracks 114.95% and total cumulative return in cash totals $142,855. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,556/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70040, Braithwaite, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 707 (100%) |
| Owner Occupied HU | 456 (64.5%) |
| Renter Occupied HU | 85 (12.0%) |
| Vacant Housing Units | 166 (23.5%) |
| Median Home Value | $106,875 |
| Average Home Value | $211,694 |
Housing Distribution
Address Breakdown
Residential
498
Single Family
498
Multi-Family
0
Businesses
29
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Larry Ziegel • Z Realty LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2473602
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. [Click here for more information](/info/mls-disclaimers/#mls_250)