579 Melissa AvePort AllenLA70767
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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 Port Allen at 579 Melissa Ave, Port Allen, LA, 70767 with 5% annual appreciation on a $198,999 basis while $1,598/mo rent supports operations. Total monthly income totals $1,598/mo and a $974/mo payment preserves $365/mo for cash returns. Annual cash flow comes to $4,384/yr on $65,968 deployed, and return on cash invested reaches 26.55% in year one. Equity gained on principal adds $1,284/yr, and five-year appreciation sums $54,980 alongside rental yield of 9.64%. Five-year ROI measures 138.55% and total cumulative return in cash totals $91,398.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,598/mo property income versus a $974/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70767, Port Allen, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,858 (100%) |
| Owner Occupied HU | 4,505 (65.7%) |
| Renter Occupied HU | 1,586 (23.1%) |
| Vacant Housing Units | 767 (11.2%) |
| Median Home Value | $235,035 |
| Average Home Value | $255,918 |
Housing Distribution
Address Breakdown
Residential
6,322
Single Family
5,814
Multi-Family
508
Businesses
788
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Listed by: Kameron Frey • Keller Williams Realty-First Choice
Mls Name: ROAM MLS
Mls ID: #2025012132