6397 Union DrAddisLA70710
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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 Addis at 6397 Union Dr, Addis, LA, 70710 offers $2,300/mo rent that, after a $1,370/mo payment, leaves $500/mo cash flow. Total monthly income is $2,300/mo, and annual cash flow is $6,002/yr on $92,820 cash. Return on cash invested measures 26.37% in year one, and rental yield stands at 9.86% at a $280,000 entry. Equity gained on principal adds $1,807/yr while 5% annual appreciation compounds into $77,359 by year five. Five-year ROI records 137.88% and total cumulative return in cash reaches $127,977. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,300/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
0.26 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70710, Addis, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,398 (100%) |
| Owner Occupied HU | 2,129 (62.7%) |
| Renter Occupied HU | 842 (24.8%) |
| Vacant Housing Units | 427 (12.6%) |
| Median Home Value | $237,102 |
| Average Home Value | $237,637 |
Housing Distribution
Address Breakdown
Residential
3,278
Single Family
2,719
Multi-Family
559
Businesses
103
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Listed by: April Scott • Newlands United, LLC
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025011456
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 ROAM MLS.