533 Holly StGrand CaneLA71032
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Grand Cane at 533 Holly St, Grand Cane, LA, 71032 uses $44,222 cash to close to unlock $2,515/yr annual cash flow and $210/mo monthly cash flow. Total monthly income runs $1,036/mo, and a $653/mo payment keeps the spread at $210/mo. Purchase price stands at $133,400, and rental yield measures 9.32% with $1,036/mo rent. Return on cash invested shows 25.6% in year one, and 5% annual appreciation builds toward $36,856 over five years. Five-year ROI reaches 133.4% and total cumulative return in cash records $58,994. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,036/mo property income covering a $653/mo payment rather than investor’s personal income.
Single Family
Built in 1925
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71032, Grand Cane, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,034 (100%) |
| Owner Occupied HU | 733 (70.9%) |
| Renter Occupied HU | 147 (14.2%) |
| Vacant Housing Units | 154 (14.9%) |
| Median Home Value | $205,159 |
| Average Home Value | $238,223 |
Housing Distribution
Address Breakdown
Residential
913
Single Family
913
Multi-Family
0
Businesses
67
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lee Hilton • Friestad Realty
Mls Name: NTREIS
Mls ID: #21078299