44280 Joseph StSorrentoLA70778
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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 Sorrento at 44280 Joseph St, Sorrento, LA, 70778 generates $772/mo in rent and, after a $489/mo payment, leaves $153/mo in cash flow. Total monthly income is $772/mo, and annual cash flow is $1,836/yr on $33,150 invested. Return on cash invested sits at 25.45% in year one, and rental yield is 9.26% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 132.54% and total cumulative return in cash sums $43,936. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $772/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.46 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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