660 S Broadway StChurch PtLA70525
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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 Church Pt at 660 S Broadway St, Church Pt, LA, 70525 priced at $450,000 converts $2,479/mo rent into after a $2,203/mo obligation. Total monthly income equals $2,479/mo. Return on cash invested prints 17.42% in year one, and rental yield reads 6.61% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 89.52% and total cumulative return in cash sums $133,542. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,479/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70525, Church Point, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,537 (100%) |
| Owner Occupied HU | 3,835 (69.3%) |
| Renter Occupied HU | 1,226 (22.1%) |
| Vacant Housing Units | 476 ( 8.6%) |
| Median Home Value | $193,959 |
| Average Home Value | $213,531 |
Housing Distribution
Address Breakdown
Residential
5,583
Single Family
5,540
Multi-Family
43
Businesses
224
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