405 Wisteria Bend CirCarencroLA70520
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 Carencro at 405 Wisteria Bend Cir, Carencro, LA, 70520 earns $412/mo cash flow from $1,837/mo rent with a $1,126/mo payment. Total monthly income totals $1,837/mo, and annual cash flow totals $4,944/yr on $76,245 capital. ROI tracks 26.39% on current figures, and rental yield reads 9.58% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 137.61% and total cumulative return in cash sums $104,923. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,837/mo property income instead of your personal income.
Single Family
Built in N/A
5,179 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70520, Carencro, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,896 (100%) |
| Owner Occupied HU | 6,509 (73.2%) |
| Renter Occupied HU | 1,503 (16.9%) |
| Vacant Housing Units | 884 ( 9.9%) |
| Median Home Value | $236,184 |
| Average Home Value | $289,156 |
Housing Distribution
Address Breakdown
Residential
8,260
Single Family
8,197
Multi-Family
63
Businesses
547
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