404 Alpaca DrArabiLA70032
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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 Arabi at 404 Alpaca Dr, Arabi, LA, 70032 offers $1,750/mo rent that, after a $1,317/mo payment, leaves $83/mo cash flow. Total monthly income is $1,750/mo, and annual cash flow is $1,000/yr on $89,174 cash. Return on cash invested measures 21.03% in year one, and rental yield stands at 7.81% at a $269,000 entry. Equity gained on principal adds $1,736/yr while 5% annual appreciation compounds into $74,320 by year five. Five-year ROI records 108.89% and total cumulative return in cash reaches $97,103. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,750/mo property income versus a $1,317/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
6,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70032, Arabi, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,267 (100%) |
| Owner Occupied HU | 1,383 (61.0%) |
| Renter Occupied HU | 683 (30.1%) |
| Vacant Housing Units | 201 ( 8.9%) |
| Median Home Value | $230,800 |
| Average Home Value | $267,035 |
Housing Distribution
Address Breakdown
Residential
2,351
Single Family
2,316
Multi-Family
35
Businesses
227
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Listed by: Barret Blondeau • Falaya
Mls Name: GSREIN
Mls Provider:
Mls ID: #2500257
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.