424 Cougar DrArabiLA70032
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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 Arabi at 424 Cougar Dr, Arabi, LA, 70032 priced at $389,900 pairs $2,692/mo rent with $277/mo cash flow after a $1,908/mo payment. Total monthly income equals $2,692/mo, and annual cash flow comes to $3,326/yr on $129,252 invested. Return on cash invested is 22.48% in year one, and rental yield stands at 8.29% on a $389,900 basis. Equity gained on principal adds $2,516/yr, and 5% annual appreciation accumulates to $107,722 by year five. Five-year ROI measures 116.68% and total cumulative return in cash reaches $150,805. For financing, Ziffy Mortgage’s DSCR program evaluates $2,692/mo property income against a $1,908/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
5,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70032, Arabi, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,267 (100%) |
| Owner Occupied HU | 1,383 (61.0%) |
| Renter Occupied HU | 683 (30.1%) |
| Vacant Housing Units | 201 ( 8.9%) |
| Median Home Value | $230,800 |
| Average Home Value | $267,035 |
Housing Distribution
Address Breakdown
Residential
2,351
Single Family
2,316
Multi-Family
35
Businesses
227
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Listed by: John Bourgoyne • eXp Realty, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2494978
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.