43437 Mary LnSorrentoLA70778
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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
Investment property for sale in Sorrento at 43437 Mary Ln, Sorrento, LA, 70778 offers a 9.53% rental yield on a $169,500 purchase with $1,346/mo rent. Total monthly income registers $1,346/mo, and a $830/mo payment leaves $296/mo available for distribution. Annual cash flow reaches $3,548/yr on $56,189 to close, and return on cash invested stands at 26.22% in year one. Equity gained on principal adds $1,094/yr while 5% annual appreciation supports $46,830 over five years. Portfolio math shows five-year ROI at 136.74% and total cumulative return in cash at $76,832. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,346/mo property income against a $830/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2017
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70778, Sorrento, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,274 (100%) |
| Owner Occupied HU | 1,007 (79.0%) |
| Renter Occupied HU | 154 (12.1%) |
| Vacant Housing Units | 113 ( 8.9%) |
| Median Home Value | $283,022 |
| Average Home Value | $329,682 |
Housing Distribution
Address Breakdown
Residential
1,071
Single Family
1,071
Multi-Family
0
Businesses
67
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Listed by: Marilyn Bowman • RE/MAX Select
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024011163
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. Copyright 2024 ROAM MLS.