6152 Highway 56ChauvinLA70344
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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 Chauvin at 6152 Highway 56, Chauvin, LA, 70344 generates $1,003/mo in rent and, after a $636/mo payment, leaves $198/mo in cash flow. Total monthly income is $1,003/mo, and annual cash flow is $2,376/yr on $43,095 invested. Return on cash invested sits at 25.42% in year one, and rental yield is 9.26% 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 132.38% and total cumulative return in cash sums $57,051. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,003/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70344, Chauvin, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,765 (100%) |
| Owner Occupied HU | 1,608 (58.2%) |
| Renter Occupied HU | 313 (11.3%) |
| Vacant Housing Units | 844 (30.5%) |
| Median Home Value | $160,504 |
| Average Home Value | $194,184 |
Housing Distribution
Address Breakdown
Residential
2,189
Single Family
2,189
Multi-Family
0
Businesses
90
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