676 Church StRacelandLA70394
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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 Raceland at 676 Church St, Raceland, LA, 70394 uses $36,034 cash to close to unlock $1,904/yr annual cash flow and $159/mo monthly cash flow. Total monthly income runs $832/mo, and a $532/mo payment keeps the spread at $159/mo. Purchase price stands at $108,700, and rental yield measures 9.18% with $832/mo rent. Return on cash invested shows 25.19% in year one, and 5% annual appreciation builds toward $30,032 over five years. Five-year ROI reaches 131.21% and total cumulative return in cash records $47,279. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $832/mo property income covering a $532/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70394, Raceland, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,733 (100%) |
| Owner Occupied HU | 4,227 (73.7%) |
| Renter Occupied HU | 1,033 (18.0%) |
| Vacant Housing Units | 473 ( 8.3%) |
| Median Home Value | $208,782 |
| Average Home Value | $238,542 |
Housing Distribution
Address Breakdown
Residential
5,355
Single Family
5,343
Multi-Family
12
Businesses
263
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Listed by: Dana Rowell • REALHome Services and Solutions, Inc.
Mls Name: GSREIN
Mls Provider:
Mls ID: #2493515
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.