5840 Highway 308Belle RoseLA70341
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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 Belle Rose at 5840 Highway 308, Belle Rose, LA, 70341 listed at $185,000 pairs $1,431/mo rent with a $905/mo payment to leave $286/mo cash flow. Total monthly income runs $1,431/mo, and annual cash flow reaches $3,426/yr on $61,328 cash to close. Return on cash invested measures 25.5% in year one, and rental yield registers 9.28% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 132.84% and total cumulative return in cash totals $81,471. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,431/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1999
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70341, Belle Rose, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,540 (100%) |
| Owner Occupied HU | 1,139 (74.0%) |
| Renter Occupied HU | 207 (13.4%) |
| Vacant Housing Units | 194 (12.6%) |
| Median Home Value | $183,654 |
| Average Home Value | $230,305 |
Housing Distribution
Address Breakdown
Residential
1,132
Single Family
1,132
Multi-Family
0
Businesses
45
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Listed by: Brandy Naquin • Capital Realty Group
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024019663
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. Copyright 2025 ROAM MLS.