6090 Standard Mill RdRayneLA70578
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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
Rental property for sale in Rayne at 6090 Standard Mill Rd, Rayne, LA, 70578 generates $1,113/mo in rent and, after a $680/mo payment, leaves $252/mo in cash flow. Total monthly income is $1,113/mo, and annual cash flow is $3,028/yr on $46,079 invested. Return on cash invested sits at 26.48% in year one, and rental yield is 9.61% on a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 138.15% and total cumulative return in cash sums $63,656. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,113/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70578, Rayne, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,020 (100%) |
| Owner Occupied HU | 4,552 (64.8%) |
| Renter Occupied HU | 1,753 (25.0%) |
| Vacant Housing Units | 715 (10.2%) |
| Median Home Value | $187,805 |
| Average Home Value | $207,462 |
Housing Distribution
Address Breakdown
Residential
7,159
Single Family
7,044
Multi-Family
115
Businesses
448
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