615 Kathy DrRayneLA70578
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 Rayne at 615 Kathy Dr, Rayne, LA, 70578 generates $980/mo in rent and, after a $636/mo payment, leaves $175/mo in cash flow. Total monthly income is $980/mo, and annual cash flow is $2,100/yr on $43,095 invested. Return on cash invested sits at 24.78% in year one, and rental yield is 9.05% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 128.99% and total cumulative return in cash sums $55,587. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $980/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
10,454 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices