41659 Highway 23BurasLA70041
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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
Investment property for sale in Buras at 41659 Highway 23, Buras, LA, 70041 earns from $1,786/mo rent with a $1,713/mo payment. Total monthly income totals $1,786/mo. ROI tracks 15.96% on current figures, and rental yield reads 6.12% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 81.65% and total cumulative return in cash sums $94,730. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,786/mo property income instead of your personal income.
Manufactured
Built in 2009
2.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70041, Buras, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,477 (100%) |
| Owner Occupied HU | 885 (59.9%) |
| Renter Occupied HU | 229 (15.5%) |
| Vacant Housing Units | 363 (24.6%) |
| Median Home Value | $83,788 |
| Average Home Value | $160,116 |
Housing Distribution
Address Breakdown
Residential
1,188
Single Family
1,188
Multi-Family
0
Businesses
88
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Listed by: Bonnie Buras • CBTEC BELLE CHASSE
Mls Name: GSREIN
Mls Provider:
Mls ID: #2502431
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.