6489 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
Investment property for sale in Chauvin at 6489 Highway 56, Chauvin, LA, 70344 offers a 3.21% rental yield on a $690,300 purchase with $1,848/mo rent. 23% in year one. Equity gained on principal adds $4,454/yr while 5% annual appreciation supports $190,717 over five years. Portfolio math shows five-year ROI at 34.83% and total cumulative return in cash at $79,098. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,848/mo property income against a $3,379/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.47 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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Nearby investment properties with comparable prices
Listed by: Barbara Lirette • PROPRIE'TE' SHOPPE, LLC
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025014024
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.