600 Broadwing Ranch RdEltonLA70532
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 600 Broadwing Ranch Rd, Elton, LA, 70532 in Elton offers a clean, manageable entry. Rental yield 7.35%. DSCR 1.36 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $41,442 in additional property value over five years, with $1,382/yr in principal equity building ownership stake. Total projected cumulative return: $56,252.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 7.2% |
| Monthly Cash Flow | $(10) | $350 |
City averages based on Elton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $919 |
| Total Monthly Debt Service | $869 |
| DSCR Ratio | 1.06x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2014
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70532, Elton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,270 (100%) |
| Owner Occupied HU | 856 (67.4%) |
| Renter Occupied HU | 183 (14.4%) |
| Vacant Housing Units | 231 (18.2%) |
| Median Home Value | $106,504 |
| Average Home Value | $138,919 |
Housing Distribution
Address Breakdown
Residential
788
Single Family
773
Multi-Family
15
Businesses
60
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
Single Family
Built in 2014
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70532, Elton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,270 (100%) |
| Owner Occupied HU | 856 (67.4%) |
| Renter Occupied HU | 183 (14.4%) |
| Vacant Housing Units | 231 (18.2%) |
| Median Home Value | $106,504 |
| Average Home Value | $138,919 |
Housing Distribution
Address Breakdown
Residential
788
Single Family
773
Multi-Family
15
Businesses
60
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices