519 Broussard Hill DrBroussardLA70518
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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 Broussard at 519 Broussard Hill Dr, Broussard, LA, 70518 uses $84,698 cash to close to unlock $1,274/yr annual cash flow and $106/mo monthly cash flow. Total monthly income runs $1,731/mo, and a $1,251/mo payment keeps the spread at $106/mo. Purchase price stands at $255,500, and rental yield measures 8.13% with $1,731/mo rent. Return on cash invested shows 21.41% in year one, and 5% annual appreciation builds toward $70,590 over five years. Five-year ROI reaches 111.17% and total cumulative return in cash records $94,161. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,731/mo property income covering a $1,251/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70518, Broussard, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,416 (100%) |
| Owner Occupied HU | 5,481 (73.9%) |
| Renter Occupied HU | 1,225 (16.5%) |
| Vacant Housing Units | 710 ( 9.6%) |
| Median Home Value | $283,930 |
| Average Home Value | $307,325 |
Housing Distribution
Address Breakdown
Residential
7,313
Single Family
6,652
Multi-Family
661
Businesses
1,354
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Listed by: Sean Hettich • Real Broker, LLC
Mls Name: RAA
Mls Provider:
Mls ID: #24011130
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate. Data last updated 2024-02-12 10:51:22 PST