6401 Lavergne LnRoanokeLA70581
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 Roanoke at 6401 Lavergne Ln, Roanoke, LA, 70581 listed at $249,000 pairs $2,226/mo rent with a $1,219/mo payment to leave $683/mo cash flow. Total monthly income runs $2,226/mo, and annual cash flow reaches $8,200/yr on $82,544 cash to close. Return on cash invested measures 29.84% in year one, and rental yield registers 10.73% at a $249,000 basis. Equity gained on principal adds $1,607/yr, and annual property appreciation at 5% supports $68,794 by year five. Five-year ROI tracks 156.16% and total cumulative return in cash totals $128,900. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,226/mo property income relative to a $1,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2022
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70581, Roanoke, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 379 (100%) |
| Owner Occupied HU | 297 (78.4%) |
| Renter Occupied HU | 48 (12.7%) |
| Vacant Housing Units | 34 ( 9.0%) |
| Median Home Value | $171,528 |
| Average Home Value | $204,108 |
Housing Distribution
Address Breakdown
Residential
263
Single Family
263
Multi-Family
0
Businesses
55
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices