386 E Martin Luther King Dr, Grand Coteau, LA, 70541 | $205/mo Cash Flow

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Grand Coteau at 386 E Martin Luther King Dr, Grand Coteau, LA, 70541 offers $1,541/mo rent that, after a $1,056/mo payment, leaves $205/mo cash flow. Total monthly income is $1,541/mo, and annual cash flow is $2,455/yr on $71,505 cash. Return on cash invested measures 23.34% in year one, and rental yield stands at 8.57% at a $215,700 entry. Equity gained on principal adds $1,392/yr while 5% annual appreciation compounds into $59,594 by year five. Five-year ROI records 121.29% and total cumulative return in cash reaches $86,729. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,541/mo property income versus a $1,056/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1917

1 Acres lot

$N/A/sqft

No HOA