517 Park BlvdBraithwaiteLA70040
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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
Rental property for sale in Braithwaite at 517 Park Blvd, Braithwaite, LA, 70040 generates $1,768/mo in rent and, after a $1,268/mo payment, leaves $163/mo in cash flow. Total monthly income is $1,768/mo, and annual cash flow is $1,960/yr on $85,859 invested. Return on cash invested sits at 22.19% in year one, and rental yield is 8.19% on a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 115.13% and total cumulative return in cash sums $98,848. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,768/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70040, Braithwaite, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 707 (100%) |
| Owner Occupied HU | 456 (64.5%) |
| Renter Occupied HU | 85 (12.0%) |
| Vacant Housing Units | 166 (23.5%) |
| Median Home Value | $106,875 |
| Average Home Value | $211,694 |
Housing Distribution
Address Breakdown
Residential
498
Single Family
498
Multi-Family
0
Businesses
29
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Nearby investment properties with comparable prices
Listed by: Chris Weaver • Key Turner Realty LLC
Mls Name: GSREIN
Mls ID: #2532826