602 Willowdale BlvdLulingLA70070
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
Rental property for sale in Luling at 602 Willowdale Blvd, Luling, LA, 70070 generates $2,652/mo in rent and, after a $1,752/mo payment, leaves $435/mo in cash flow. Total monthly income is $2,652/mo, and annual cash flow is $5,215/yr on $118,677 invested. Return on cash invested sits at 24.3% in year one, and rental yield is 8.89% on a $358,000 entry. Equity gained on principal adds $2,310/yr, while 5% annual appreciation builds toward $98,909 over five years. Five-year ROI reaches 126.42% and total cumulative return in cash sums $150,030. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,652/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70070, Luling, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,140 (100%) |
| Owner Occupied HU | 4,128 (80.3%) |
| Renter Occupied HU | 745 (14.5%) |
| Vacant Housing Units | 267 ( 5.2%) |
| Median Home Value | $279,934 |
| Average Home Value | $317,216 |
Housing Distribution
Address Breakdown
Residential
4,738
Single Family
4,738
Multi-Family
0
Businesses
297
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices