41174 Citadel DrSorrentoLA70778
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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 Sorrento at 41174 Citadel Dr, Sorrento, LA, 70778 generates $1,829/mo in rent and, after a $1,288/mo payment, leaves $110/mo in cash flow. Total monthly income is $1,829/mo, and annual cash flow is $1,320/yr on $87,267 invested. Return on cash invested sits at 21.42% in year one, and rental yield is 8.34% on a $263,250 entry. Equity gained on principal adds $1,699/yr, while 5% annual appreciation builds toward $72,731 over five years. Five-year ROI reaches 111.46% and total cumulative return in cash sums $97,266. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,829/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.29 Acres lot
$N/A/sqft
$420 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70778, Sorrento, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,274 (100%) |
| Owner Occupied HU | 1,007 (79.0%) |
| Renter Occupied HU | 154 (12.1%) |
| Vacant Housing Units | 113 ( 8.9%) |
| Median Home Value | $283,022 |
| Average Home Value | $329,682 |
Housing Distribution
Address Breakdown
Residential
1,071
Single Family
1,071
Multi-Family
0
Businesses
67
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Listed by: Kizzie Fryson • Avalon Realty, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2509286
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.