617 Gassen StLulingLA70070
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
Investment property for sale in Luling at 617 Gassen St, Luling, LA, 70070 earns $1,087/mo cash flow from $3,683/mo rent with a $2,051/mo payment. Total monthly income totals $3,683/mo, and annual cash flow totals $13,048/yr on $138,899 capital. ROI tracks 29.3% on current figures, and rental yield reads 10.55% at a $419,000 purchase. Equity gained on principal adds $2,704/yr, and 5% annual appreciation supports $115,762 over five years. Five-year ROI reaches 153.23% and total cumulative return in cash sums $212,837. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,683/mo property income instead of your personal income.
Single Family
Built in 1976
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70070, Luling, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,140 (100%) |
| Owner Occupied HU | 4,128 (80.3%) |
| Renter Occupied HU | 745 (14.5%) |
| Vacant Housing Units | 267 ( 5.2%) |
| Median Home Value | $279,934 |
| Average Home Value | $317,216 |
Housing Distribution
Address Breakdown
Residential
4,738
Single Family
4,738
Multi-Family
0
Businesses
297
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices