4221 Olivia DrAddisLA70710
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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 Addis at 4221 Olivia Dr, Addis, LA, 70710 generates $6,600/mo in rent and, after a $1,223/mo payment, leaves $5,052/mo in cash flow. Total monthly income is $6,600/mo, and annual cash flow is $60,626/yr on $82,842 invested. Return on cash invested sits at 93.09% in year one, and rental yield is 31.69% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 495.35% and total cumulative return in cash sums $410,354. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,600/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70710, Addis, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,398 (100%) |
| Owner Occupied HU | 2,129 (62.7%) |
| Renter Occupied HU | 842 (24.8%) |
| Vacant Housing Units | 427 (12.6%) |
| Median Home Value | $237,102 |
| Average Home Value | $237,637 |
Housing Distribution
Address Breakdown
Residential
3,278
Single Family
2,719
Multi-Family
559
Businesses
103
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