645 Appaloosa DrGrand CaneLA71032
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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 Grand Cane at 645 Appaloosa Dr, Grand Cane, LA, 71032 priced at $329,250 pairs $1,771/mo rent with after a $1,612/mo payment. Total monthly income equals $1,771/mo. Return on cash invested is 16.95% in year one, and rental yield stands at 6.45% on a $329,250 basis. Equity gained on principal adds $2,125/yr, and 5% annual appreciation accumulates to $90,966 by year five. Five-year ROI measures 86.98% and total cumulative return in cash reaches $94,935. For financing, Ziffy Mortgage’s DSCR program evaluates $1,771/mo property income against a $1,612/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
1.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71032, Grand Cane, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,034 (100%) |
| Owner Occupied HU | 733 (70.9%) |
| Renter Occupied HU | 147 (14.2%) |
| Vacant Housing Units | 154 (14.9%) |
| Median Home Value | $205,159 |
| Average Home Value | $238,223 |
Housing Distribution
Address Breakdown
Residential
913
Single Family
913
Multi-Family
0
Businesses
67
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Listed by: Brenda Bison • Century 21 Elite
Mls Name: NTREIS
Mls ID: #21150836