461 Clayton DrNorcoLA70079
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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
Investment property for sale in Norco at 461 Clayton Dr, Norco, LA, 70079 with 5% annual appreciation on a $219,900 basis while $1,477/mo rent supports operations. Total monthly income totals $1,477/mo and a $1,076/mo payment preserves $74/mo for cash returns. Annual cash flow comes to $893/yr on $72,897 deployed, and return on cash invested reaches 21.13% in year one. Equity gained on principal adds $1,419/yr, and five-year appreciation sums $60,754 alongside rental yield of 8.06%. Five-year ROI measures 109.71% and total cumulative return in cash totals $79,972.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,477/mo property income versus a $1,076/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
2,940 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70079, Norco, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,304 (100%) |
| Owner Occupied HU | 963 (73.8%) |
| Renter Occupied HU | 223 (17.1%) |
| Vacant Housing Units | 118 ( 9.0%) |
| Median Home Value | $241,700 |
| Average Home Value | $272,879 |
Housing Distribution
Address Breakdown
Residential
1,231
Single Family
1,219
Multi-Family
12
Businesses
115
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Listed by: Matthew Grass • The Agency of M. Grass Group, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2513949
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.