603 Westend, New Roads, LA, 70760 | 7.28% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $834/mo, and a $673/mo payment. Purchase price stands at $137,500, and rental yield measures 7.28% with $834/mo rent. Return on cash invested shows 19.44% in year one, and 5% annual appreciation builds toward $37,989 over five years. Five-year ROI reaches 100.42% and total cumulative return in cash records $45,773. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $834/mo property income covering a $673/mo payment rather than investor’s personal income.

Single Family

Built in 1965

0.41 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70760, New Roads, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,365 (100%)
Owner Occupied HU	1,698 (50.5%)
Renter Occupied HU	1,005 (29.9%)
Vacant Housing Units	662 (19.7%)
Median Home Value	$206,790
Average Home Value	$240,428