669 Michel RdPierre PartLA70339
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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 Pierre Part at 669 Michel Rd, Pierre Part, LA, 70339 at $480,000 posts ROI 16% with from $2,457/mo rent. Total monthly income equals $2,457/mo. Return on cash invested measures 16% and rental yield reads 6.14% at the current $480,000. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,615 by year five. Five-year ROI prints 81.89% and total cumulative return in cash totals $130,301. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,457/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
6,098 sqft lot
$N/A/sqft
$30 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70339, Pierre Part, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,070 (100%) |
| Owner Occupied HU | 1,942 (63.3%) |
| Renter Occupied HU | 334 (10.9%) |
| Vacant Housing Units | 794 (25.9%) |
| Median Home Value | $211,905 |
| Average Home Value | $237,374 |
Housing Distribution
Address Breakdown
Residential
2,338
Single Family
2,307
Multi-Family
31
Businesses
103
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Nearby investment properties with comparable prices
Listed by: Kaylyn Ward • Proven Properties, LLC
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025010358
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.