604 Channel DrBroussardLA70518
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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
Investment property for sale in Broussard at 604 Channel Dr, Broussard, LA, 70518 earns from $2,578/mo rent with a $2,374/mo payment. Total monthly income totals $2,578/mo. ROI tracks 16.73% on current figures, and rental yield reads 6.38% at a $485,000 purchase. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 over five years. Five-year ROI reaches 85.78% and total cumulative return in cash sums $137,918. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,578/mo property income instead of your personal income.
Single Family
Built in 2022
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70518, Broussard, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,416 (100%) |
| Owner Occupied HU | 5,481 (73.9%) |
| Renter Occupied HU | 1,225 (16.5%) |
| Vacant Housing Units | 710 ( 9.6%) |
| Median Home Value | $283,930 |
| Average Home Value | $307,325 |
Housing Distribution
Address Breakdown
Residential
7,313
Single Family
6,652
Multi-Family
661
Businesses
1,354
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