419 Palm DrBraithwaiteLA70040
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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 Braithwaite at 419 Palm Dr, Braithwaite, LA, 70040 earns $236/mo cash flow from $1,865/mo rent with a $1,287/mo payment. Total monthly income totals $1,865/mo, and annual cash flow totals $2,833/yr on $87,185 capital. ROI tracks 23.16% on current figures, and rental yield reads 8.51% at a $263,000 purchase. Equity gained on principal adds $1,697/yr, and 5% annual appreciation supports $72,662 over five years. Five-year ROI reaches 120.32% and total cumulative return in cash sums $104,903. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,865/mo property income instead of your personal income.
Single Family
Built in 2019
9,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70040, Braithwaite, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 707 (100%) |
| Owner Occupied HU | 456 (64.5%) |
| Renter Occupied HU | 85 (12.0%) |
| Vacant Housing Units | 166 (23.5%) |
| Median Home Value | $106,875 |
| Average Home Value | $211,694 |
Housing Distribution
Address Breakdown
Residential
498
Single Family
498
Multi-Family
0
Businesses
29
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Listed by: Shontel Gremillion • Southern Real Estate Professionals, LLC
Mls Name: GSREIN
Mls ID: #2505189