50029 Creekside DrLorangerLA70446
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
Investment property for sale in Loranger at 50029 Creekside Dr, Loranger, LA, 70446 offers a 9.94% rental yield on a $243,900 purchase with $2,020/mo rent. Total monthly income registers $2,020/mo, and a $1,194/mo payment leaves $509/mo available for distribution. Annual cash flow reaches $6,107/yr on $80,853 to close, and return on cash invested stands at 27.46% in year one. Equity gained on principal adds $1,574/yr while 5% annual appreciation supports $67,385 over five years. Portfolio math shows five-year ROI at 143.36% and total cumulative return in cash at $115,911. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,020/mo property income against a $1,194/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70446, Loranger, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,210 (100%) |
| Owner Occupied HU | 2,554 (79.6%) |
| Renter Occupied HU | 366 (11.4%) |
| Vacant Housing Units | 290 ( 9.0%) |
| Median Home Value | $245,825 |
| Average Home Value | $279,915 |
Housing Distribution
Address Breakdown
Residential
2,680
Single Family
2,680
Multi-Family
0
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices