502 N Duncan AveAvenueLA70422
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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 Avenue at 502 N Duncan Ave, Avenue, LA, 70422 with 5% annual appreciation on a $169,900 basis while $570/mo rent supports operations. 62% in year one. Equity gained on principal adds $1,096/yr, and five-year appreciation sums $46,940 alongside rental yield of 4.03%. Five-year ROI measures 47.77% and total cumulative return in cash totals $26,906. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $570/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70422, Amite, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,882 (100%) |
| Owner Occupied HU | 3,812 (64.8%) |
| Renter Occupied HU | 1,264 (21.5%) |
| Vacant Housing Units | 806 (13.7%) |
| Median Home Value | $193,750 |
| Average Home Value | $232,914 |
Housing Distribution
Address Breakdown
Residential
5,392
Single Family
5,347
Multi-Family
45
Businesses
587
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Listed by: Tonita Powell • REMAX ALLIANCE
Mls Name: GSREIN
Mls Provider:
Mls ID: #2457817
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