51641 Narretto RdLorangerLA70446
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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 Loranger at 51641 Narretto Rd, Loranger, LA, 70446 offers a 6.88% rental yield on a $415,000 purchase with $2,380/mo rent. 25% in year one. Equity gained on principal adds $2,678/yr while 5% annual appreciation supports $114,657 over five years. Portfolio math shows five-year ROI at 93.95% and total cumulative return in cash at $129,249. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,380/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
1.31 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
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