515 E New River St #1, Gonzales, LA, 70737 | $195/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Gonzales at 515 E New River St #1, Gonzales, LA, 70737 generates $1,124/mo in rent and, after a $734/mo payment, leaves $195/mo in cash flow. Total monthly income is $1,124/mo, and annual cash flow is $2,342/yr on $49,692 invested. Return on cash invested sits at 24.62% in year one, and rental yield is 9% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 128.2% and total cumulative return in cash sums $63,707. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,124/mo property income rather than buyer’s personal income.

Single Family

Built in 1900

0.26 Acres lot

$N/A/sqft

No HOA