705 Silver Spur LnGrand CaneLA71032
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Nearby investment properties with comparable prices
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 Grand Cane at 705 Silver Spur Ln, Grand Cane, LA, 71032 priced at $250,000 pairs $2,132/mo rent with $583/mo cash flow after a $1,224/mo payment. Total monthly income equals $2,132/mo, and annual cash flow comes to $6,996/yr on $82,875 invested. Return on cash invested is 28.35% in year one, and rental yield stands at 10.23% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 148.12% and total cumulative return in cash reaches $122,758. For financing, Ziffy Mortgage’s DSCR program evaluates $2,132/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
5.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71032, Grand Cane, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,034 (100%) |
| Owner Occupied HU | 733 (70.9%) |
| Renter Occupied HU | 147 (14.2%) |
| Vacant Housing Units | 154 (14.9%) |
| Median Home Value | $205,159 |
| Average Home Value | $238,223 |
Housing Distribution
Address Breakdown
Residential
913
Single Family
913
Multi-Family
0
Businesses
67
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Listed by: Cindy Taylor • T & T Realty LLC
Mls Name: NTREIS
Mls ID: #20726954
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.