53382 Highway 40LorangerLA70446
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 Loranger at 53382 Highway 40, Loranger, LA, 70446 listed at $1,450,000 pairs $2,160/mo rent with a $7,097/mo payment. Total monthly income runs $2,160/mo. Return on cash invested measures 2.94% in year one, and rental yield registers 1.79% at a $1,450,000 basis. Equity gained on principal adds $9,357/yr, and annual property appreciation at 5% supports $400,608 by year five. Five-year ROI tracks 11.78% and total cumulative return in cash totals $55,329. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,160/mo property income relative to a $7,097/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
55 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shelby White • The Investment House
Mls Name: GSREIN
Mls Provider:
Mls ID: #2474289
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. [Click here for more information](/info/mls-disclaimers/#mls_250)