56505 Loranger RdLorangerLA70446
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 56505 Loranger Rd, Loranger, LA, 70446 offers a 9.53% rental yield on a $175,000 purchase with $1,390/mo rent. Total monthly income registers $1,390/mo, and a $857/mo payment leaves $306/mo available for distribution. Annual cash flow reaches $3,666/yr on $58,013 to close, and return on cash invested stands at 26.23% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 136.78% and total cumulative return in cash at $79,351. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,390/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
5.07 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
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Listed by: Victoria Gardner • NOLA Living Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2475746
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