434 Summer Ridge LoopSunsetLA70584
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sunset at 434 Summer Ridge Loop, Sunset, LA, 70584 priced at $217,500 converts $1,170/mo rent into after a $1,065/mo obligation. Total monthly income equals $1,170/mo. Return on cash invested prints 16.95% in year one, and rental yield reads 6.46% against a $217,500 entry. Equity gained on principal adds $1,403/yr, while 5% annual appreciation compiles into $60,091 by year five. Five-year ROI reaches 87.04% and total cumulative return in cash sums $62,754. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,170/mo property income covering a $1,065/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70584, Sunset, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,529 (100%) |
| Owner Occupied HU | 2,432 (68.9%) |
| Renter Occupied HU | 744 (21.1%) |
| Vacant Housing Units | 353 (10.0%) |
| Median Home Value | $203,563 |
| Average Home Value | $274,230 |
Housing Distribution
Address Breakdown
Residential
3,030
Single Family
2,913
Multi-Family
117
Businesses
136
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices