6553 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 6553 Highway 56, Chauvin, LA, 70344 earns $686/mo cash flow from $1,848/mo rent with a $918/mo payment. Total monthly income totals $1,848/mo, and annual cash flow totals $8,235/yr on $62,156 capital. ROI tracks 33.16% on current figures, and rental yield reads 11.83% at a $187,500 purchase. Equity gained on principal adds $1,210/yr, and 5% annual appreciation supports $51,803 over five years. Five-year ROI reaches 173.98% and total cumulative return in cash sums $108,139. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,848/mo property income instead of your personal income.
Single Family
Built in 2008
4,356 sqft 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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