371 Lake Breeze RdHackberryLA70645
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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 371 Lake Breeze Rd, Hackberry, LA, 70645 generates $3,347/mo in rent and, after a $2,203/mo payment, leaves $405/mo in cash flow. Total monthly income is $3,347/mo, and annual cash flow is $4,863/yr on $149,175 invested. Return on cash invested sits at 23.17% in year one, and rental yield is 8.93% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 120.8% and total cumulative return in cash sums $180,198. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,347/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
2,400 sqft 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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Listed by: Midge Parker • Compass
Mls Name: SWLAR
Mls ID: #SWL25100182
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.