550 Fabian DrChurch PointLA70525
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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 Church Point at 550 Fabian Dr, Church Point, LA, 70525 priced at $180,000 converts $1,648/mo rent into $533/mo cash flow after a $881/mo obligation. Total monthly income equals $1,648/mo, and annual cash flow totals $6,396/yr on $59,670 invested. Return on cash invested prints 30.63% in year one, and rental yield reads 10.99% against a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation compiles into $49,731 by year five. Five-year ROI reaches 160.31% and total cumulative return in cash sums $95,657. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,648/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70525, Church Point, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,537 (100%) |
| Owner Occupied HU | 3,835 (69.3%) |
| Renter Occupied HU | 1,226 (22.1%) |
| Vacant Housing Units | 476 ( 8.6%) |
| Median Home Value | $193,959 |
| Average Home Value | $213,531 |
Housing Distribution
Address Breakdown
Residential
5,583
Single Family
5,540
Multi-Family
43
Businesses
224
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Listed by: Tracy M Wood • Keller Williams Realty Acadiana
Mls Name: RAA
Mls ID: #2500001194