576 Trappey RdCarencroLA70520
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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
Investment property for sale in Carencro at 576 Trappey Rd, Carencro, LA, 70520 offers a 2.44% rental yield on a $857,000 purchase with $1,740/mo rent. 87% in year one. Equity gained on principal adds $5,530/yr while 5% annual appreciation supports $236,773 over five years. Portfolio math shows five-year ROI at 22.17% and total cumulative return in cash at $62,495. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,740/mo property income against a $4,195/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70520, Carencro, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,896 (100%) |
| Owner Occupied HU | 6,509 (73.2%) |
| Renter Occupied HU | 1,503 (16.9%) |
| Vacant Housing Units | 884 ( 9.9%) |
| Median Home Value | $236,184 |
| Average Home Value | $289,156 |
Housing Distribution
Address Breakdown
Residential
8,260
Single Family
8,197
Multi-Family
63
Businesses
547
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