419 Boutte Estates DrBoutteLA70039
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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 Boutte at 419 Boutte Estates Dr, Boutte, LA, 70039 uses $42,101 cash to close to unlock $15,294/yr annual cash flow and $1,274/mo monthly cash flow. Total monthly income runs $2,082/mo, and a $622/mo payment keeps the spread at $1,274/mo. Purchase price stands at $127,000, and rental yield measures 19.67% with $2,082/mo rent. Return on cash invested shows 56.24% in year one, and 5% annual appreciation builds toward $35,088 over five years. Five-year ROI reaches 297.91% and total cumulative return in cash records $125,421. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,082/mo property income covering a $622/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70039, Boutte, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,171 (100%) |
| Owner Occupied HU | 751 (64.1%) |
| Renter Occupied HU | 335 (28.6%) |
| Vacant Housing Units | 85 ( 7.3%) |
| Median Home Value | $286,111 |
| Average Home Value | $291,365 |
Housing Distribution
Address Breakdown
Residential
785
Single Family
785
Multi-Family
0
Businesses
140
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