71452 Gordon AveAbita SpringsLA70420
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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 Abita Springs at 71452 Gordon Ave, Abita Springs, LA, 70420 earns $768/mo cash flow from $2,580/mo rent with a $1,432/mo payment. Total monthly income totals $2,580/mo, and annual cash flow totals $9,213/yr on $96,964 capital. ROI tracks 29.41% on current figures, and rental yield reads 10.58% at a $292,500 purchase. Equity gained on principal adds $1,887/yr, and 5% annual appreciation supports $80,812 over five years. Five-year ROI reaches 153.8% and total cumulative return in cash sums $149,133. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,580/mo property income instead of your personal income.
Single Family
Built in 2025
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70420, Abita Springs, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,877 (100%) |
| Owner Occupied HU | 3,080 (79.4%) |
| Renter Occupied HU | 516 (13.3%) |
| Vacant Housing Units | 281 ( 7.2%) |
| Median Home Value | $297,663 |
| Average Home Value | $327,292 |
Housing Distribution
Address Breakdown
Residential
3,449
Single Family
3,369
Multi-Family
80
Businesses
268
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Listed by: Greg Peace • Gregory M. Peace
Mls Name: GSREIN
Mls Provider:
Mls ID: #2478504
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