411 Claiborne StNew RoadsLA70760
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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 New Roads at 411 Claiborne St, New Roads, LA, 70760 priced at $149,900 converts $1,406/mo rent into $477/mo cash flow after a $734/mo obligation. Total monthly income equals $1,406/mo, and annual cash flow totals $5,726/yr on $49,692 invested. Return on cash invested prints 31.43% in year one, and rental yield reads 11.26% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 164.72% and total cumulative return in cash sums $81,851. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,406/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70760, New Roads, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,365 (100%) |
| Owner Occupied HU | 1,698 (50.5%) |
| Renter Occupied HU | 1,005 (29.9%) |
| Vacant Housing Units | 662 (19.7%) |
| Median Home Value | $206,790 |
| Average Home Value | $240,428 |
Housing Distribution
Address Breakdown
Residential
2,730
Single Family
2,646
Multi-Family
84
Businesses
394
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Listed by: Deante' Thomas • Keller Williams Realty Red Stick Partners
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025006749
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. Copyright 2025 ROAM MLS.