5018 Bayouside DrChauvinLA70344
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 Chauvin at 5018 Bayouside Dr, Chauvin, LA, 70344 uses $66,300 cash to close to unlock $7,308/yr annual cash flow and $609/mo monthly cash flow. Total monthly income runs $1,848/mo, and a $979/mo payment keeps the spread at $609/mo. Purchase price stands at $200,000, and rental yield measures 11.09% with $1,848/mo rent. Return on cash invested shows 30.93% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 161.97% and total cumulative return in cash records $107,384. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,848/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1987
1.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70344, Chauvin, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,765 (100%) |
| Owner Occupied HU | 1,608 (58.2%) |
| Renter Occupied HU | 313 (11.3%) |
| Vacant Housing Units | 844 (30.5%) |
| Median Home Value | $160,504 |
| Average Home Value | $194,184 |
Housing Distribution
Address Breakdown
Residential
2,189
Single Family
2,189
Multi-Family
0
Businesses
90
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices