5327 Canatella StConventLA70723
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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 Convent at 5327 Canatella St, Convent, LA, 70723 generates $2,749/mo in rent and, after a $1,835/mo payment, leaves $427/mo in cash flow. Total monthly income is $2,749/mo, and annual cash flow is $5,118/yr on $124,313 invested. Return on cash invested sits at 24.03% in year one, and rental yield is 8.8% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 124.94% and total cumulative return in cash sums $155,319. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,749/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70723, Convent, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 640 (100%) |
| Owner Occupied HU | 355 (55.5%) |
| Renter Occupied HU | 132 (20.6%) |
| Vacant Housing Units | 153 (23.9%) |
| Median Home Value | $158,565 |
| Average Home Value | $163,120 |
Housing Distribution
Address Breakdown
Residential
492
Single Family
425
Multi-Family
67
Businesses
50
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