423 Avenue E, Pt Allen, LA, 70767 | $949/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Pt Allen at 423 Avenue E, Pt Allen, LA, 70767 priced at $280,000 converts $2,683/mo rent into $949/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,683/mo, and annual cash flow totals $11,388/yr on $92,820 invested. Return on cash invested prints 32.18% in year one, and rental yield reads 11.5% against a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation compiles into $77,359 by year five. Five-year ROI reaches 168.63% and total cumulative return in cash sums $156,525. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,683/mo property income covering a $1,370/mo payment, not borrower’s personal income.

Single Family

Built in 1962

6,098 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70767, Port Allen, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,858 (100%)
Owner Occupied HU	4,505 (65.7%)
Renter Occupied HU	1,586 (23.1%)
Vacant Housing Units	767 (11.2%)
Median Home Value	$235,035
Average Home Value	$255,918